Bargain American Townhouse Available
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Townhouse Description
A NICE MULTI UNIT PROPERTY IN EASTPOINTE, DETROIT, MICHIGAN
1 x 3 Bedroom apartment and 1 x 1 Bedroom apartment
A dual income property bringing in a combined rent of $925 per month !!
SECURED PRICE OF PROPERTY: $30,000 / €24,590 / £20,689
TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS AND FEES: $34,750 / €28,483 / £23,963
•Low Cost Investment Opportunity
•Multi Unit Property consisting of 2 apartments
•Income From Day 1
•Superb Location and Neighbourhood
This is a large multi unit property located in a nice neighbourhood of Eastpointe, Near Detroit, Michigan, which is a middle class area with a mixture of owner occupant and rental homes
The property measures 1,700 sq ft of build area and is on a plot measuring 4,640 sq ft. and consists of 1 x 3 bedroom apartment and 1 x 1 bedroom apartment. Both apartments have lounge/dining rooms, kitchen and full bathroom. The lower unit rents for $550 a month and the upper 1 bedroom unit rents for $375 a month, totalling $925 a month. The property also comes with a 2 car detached garage and driveway for parking.
The lower 3 bedroom unit has recently been totally redecorated and will be rented out at $550 a month, the upper 1 bedroom unit is already tenanted. The home includes updated kitchens and bathrooms, as well as some updated vinyl windows, updated electric panel and cicuit breakers.
GROSS MONTHLY RENTAL INCOME: $925 / €758 / £638
Monthly Expenses include:
Property Tax of $333 / €273 / £229
Property Management Fee of $92. / €75 / £64
Tenant pays water, electric and gas
THIS WILL GIVE YOU A NET MONTHLY RENTAL INCOME OF: $500 / €410 / £345
NET INCOME PER ANNUM OF: $5,994 / €4,920 / £4,140
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: $1.22=€1 $1.45=£1
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Approximate price of this 4-Bed Unknown
€25,852 EUR |
£20,689 GBP |
US$32,433 USD |
(Currency and Foreign Exchange services supplied by )
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| Type |
Townhouse |
| Bathrooms |
2 |
| Bedrooms |
4 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Property Characteristics
- Garden: Private Garden
- Parking: Private double garage
- Distance to Shops: Close
Map of Eastpointe, Michigan, United States
Towns located close to Eastpointe, United States
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LOW COST INVESTMENT OPPORTUNITY IN EASTPOINTE, NR DETROIT, MICHIGAN - GIVING A HIGH YIELD RENTAL INCOME. ONLY £20,717 TO BUY OUTRIGHT INCLUDING ALL REPAIRS !!
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LOW COST INVESTMENT OPPORTUNITY - A 3 BEDROOM DETACHED HOUSE WITH DOUBLE GARAGE IN EASTPOINTE, NR DETROIT, MICHIGAN.
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Price: £20,689
Currency in United States
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Latest Property News in USA
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Price of Property in Eastpointe, USA
| (All prices in EUR) |
Eastpointe |
Eastpointe |
Eastpointe |
| House/Villa |
17,217 |
240 |
25,153 |
65,000,000 |
- |
242,990 |
| Townhouse |
20,689 |
23 |
20,689 |
6,400,000 |
- |
209,900 |
* Calculations based on 6 properties for sale in Eastpointe and 5114 properties for sale in USA |
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Looking to buy property in Eastpointe, Macomb County, Michigan, United States?
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