3 Tudor Houses in Morningside, Detroit Specialty FOR SALE


Detroit, MI - Far East Side
$360,000 USD
786-212-0345
, Detroit, MI for Sale
$360,000 USD
Specialty - FOR SALE
1/3
null | 12.3% Cap Rate

3 Tudor Houses in Morningside, Detroit
Detroit, MI
Far East Side


HIGHLIGHTS

  • Beautiful historic Tudor houses boast timeless architectural charm
  • Located in Detroit's revitalizing Morningside neighborhood

OVERVIEW

NO MICROSOFT TEAMS MEETINGS. PHONE CALL AND IN-PERSON SHOWING ONLY. Seize this prime opportunity for savvy investors to acquire three charming Tudor-style homes in the desirable Morningside neighborhood of Detroit. Two of the homes are currently rented at $1,200 and $1,500 per month, with reliable long-term tenants in place. 5203 Devonshire has just been rented for $1,500 per month. This portfolio generates strong annual income of $40,842, delivering an attractive average cap rate of 11.35%. This price is for a quick sale, as-is condition, closing within 90 days. Cash only.

ASK ABOUT THIS PROPERTY

786-212-0345

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786-212-0345

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