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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 per month each, with reliable long-term tenants in place. 5203 Devonshire has just been rented for $1,500 per month.
This portfolio generates a strong annual income of $37,242, delivering an attractive average cap rate of 8.87%.