20607 MOROSS Road, Detroit, MI 48224 1241
20607 MOROSS Road, Detroit, MI 48224 1241
20607 MOROSS Road, Detroit, MI 48224 1241
20607 MOROSS Road, Detroit, MI 48224 1241
20607 MOROSS Road, Detroit, MI 48224 1241
20607 MOROSS Road, Detroit, MI 48224 1241
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 55,000
Est. payment | /mo

2 Beds

1 Bath

844 SqFt

Save
$ 55,000
Est. payment | /mo
Save

2 Beds

1 Bath

844 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Pending

Purchase Type For Sale

Square Footage 844 sqft

Price per Sqft $65

Subdivision East Park Manor

MLS Listing ID 61041685

Style 1 1/2 Story

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 844

Year Built 1942

Annual Tax Amount $898

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 30.00 x 80.00

Property Sub-Type Single Family

Property Description

Detroit Rental Portfolio -- Nine Properties Offered Individually, in Groups, or Together Take your pick: purchase one property, create a custom group, or acquire all nine properties for $872,000. The seller reports over $13,000 in monthly cash flow and over $155,000 in annual gross profit. Tenants pay all utilities and water, offering investors a portfolio with those costs paid by tenants. Request property-specific rent, lease, and expense information. Buyers to verify all income, expenses, occupancy, property details, and utility arrangements. These properties are all section 8 properties. The tenants pay under $1,000 each month meaning that over $12,000 is guaranteed cash flow. 10835 Somerset, Detroit, MI 48224 -- $120,000 | $1500 rent | owner pays water 19317 Marx, Detroit, MI 48203 -- $99,000 | $1400 rent 19734 Kingsville, Detroit, MI 48225 -- $85,000 | $1400 rent 10338 Balfour, Detroit, MI 48224 -- $99,000 | $1500 rent 20607 Moross, Detroit, MI 48224 -- $55,000 | $1100 Rent 20436 McCormick, Detroit, MI 48224, including 20430 McCormick, Detroit, MI 48224 -- $85,000 | $1400 rent 15099 Coyle, Detroit, MI 48227 -- $99,000 | $1400 rent 10639 Balfour, Detroit, MI 48224 -- $110,000 | $1615 18700 Kingsville, Detroit, MI 48225 -- $120,000 | $1700 This beautiful 2-bedroom property is move-in ready. It's less than 15 minutes away from downtown, right down the street from Saint John Hospital, and conveniently located off the 94 freeway. The lower level features hardwood floors, and the kitchen has new ceramic tile. The basement has been freshly painted. This property won't be available for long, so make sure to bring your best offer when you come to see it.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Unfinished

Interior

Heating Forced Air

Exterior

Garage No

Building

Story 1 1/2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,Exchange/Trade,FHA,VA

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Realtyflo Inc

Schools and Properties Nearby

Learn More About LPT Realty

Shannon Bagdonas
Shannon Bagdonas

Founder | Broker Partner

+1(313) 766-8387

movinginmichigan.net

6838 Park Ave, Allen Park, MI 48101-2036, USA

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20607 MOROSS Road