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  • 3
  • Michigan
Price £20,454
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Property Description

SOLD. 15095 Sorrento St, Detroit, MI 48227 is a lovely refurbished Colonial located in the popular Littlefield district. Buily in 1939, this 3 bedroom Colonial property totals 1,928 square feet on a lot of 4,356 square feet. It benefits from a basement and a garage.

New tenants have just moved in on a renewable 12 month lease at $750 per month.

The property is located in a good residential district and is priced to sell quickly. A Home Inspection Report with numerous photos is available upon request along with copies of the leases.

KEY FIGURES:

Sale price: $32,000 This is the total investment required. There are no hidden extras!

RENTAL INCOME: $9,000 per annum

OUTGOINGS:

Property Taxes: $1,936

Insurance: $395

Management: $450

TOTAL OUTGOINGS: $2,781

NET INCOME: $6,219

THE NET YIELD IS THEREFORE A FANTASTIC 19.43%.

For further information or to reserve this property, please complete the enquiry form as soon as possible.

Price: 32000.00 $ Bedrooms: 3 Bathrooms: 1 Size (M2): 179

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Property Location

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