Inexpensive American Townhouse Available
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Townhouse Description
ALREADY READY TO LONG TERM TENANTS PAYING $750 PER MONTH !!
DETACHED 3 BEDROOM, 1.5 BATHROOM HOUSE WITH DETACHED GARAGE
SAME TENANT SINCE JAN 2008
Property Management Company in Place
SECURED PRICE OF PROPERTY: $27,000 / €20,149 / £17,647
TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS AND FEES: $32,525 / €24,270 / £21,257
•Low Cost Investment Opportunity
•Already Rented to Tenants on a Yearly Lease who have been in the property for over 2 years
•Income From Day 1
•Detached 3 Bedroom Property with Garage
•Superb Location and Neighbourhood
This is a brick and vinyl home comprising of 3 bedrooms, a 4th walkthrough bedroom, lounge, kitchen, bathroom, detached garage and diveway for the parking of several cars.
The property measures 1,500 sq ft of build area and is on a plot measuring 4,640 sq ft. The property is situated in Warren on the suburbs of Detroit, in a middle class area of owner occupant and rental homes.
The home includes updated furnace, updated vinyl windows and updated copper plumbing.
The house is rented out to long term tenants on a yearly renewable lease for $750 a month. The same tenant has been renting this property for over 2 years. The tenant is in full time employment working for WAL-MART.
GROSS MONTHLY RENTAL INCOME: $750 / €559 / £490
Monthly Expenses include:
Property Tax of $166 / €124 / £108
Property Management Fee of $75 / €56 / £49
Tenant pays water, electric and gas
THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $509 / €379 / £333
NET INCOME PER ANNUM OF: $6,108 / €4,548 / £3,996
We bring to you the whole package:
1.Exceptionally Low Priced Investment Properties
2.High Yield Rental Income
3.1st Class Property Management Company
4.Engineers Home Inspection Report
5.Title Company/Attorney Assigned
6.Complete Personal Service and Supervision of Your Purchase from Start to Finish
7.Insurance Available
8.Assistance with opening a US Bank Account
All prices are calculated at the following currency conversion rates: $1.34=€1 $1.53=£1
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Approximate price of this 3-Bed Unknown
€22,050 EUR |
£17,647 GBP |
US$27,665 USD |
(Currency and Foreign Exchange services supplied by )
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| Type |
Townhouse |
| Bathrooms |
1 |
| Bedrooms |
3 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Property Characteristics
- Garden: Private Garden
- Parking: Private Garage and Driveway
- Distance to Shops: Close
Map of Warren, Michigan, United States
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Price: £17,647
Currency in United States
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Latest Property News in USA
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Price of Property in Warren, USA
| (All prices in EUR) |
Warren |
Warren |
Warren |
| House/Villa |
7,595 |
240 |
26,732 |
65,000,000 |
- |
242,990 |
| Townhouse |
8,000 |
23 |
25,000 |
6,400,000 |
- |
209,900 |
* Calculations based on 17 properties for sale in Warren and 5114 properties for sale in USA |
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Looking to buy property in Warren, Macomb County, Michigan, United States?
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