Map
Listed price in listed location currency (USD).
$85,000

411

MLS® 20261086329

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1218 sqft
Garage Yes
Taxes $2,178
Days Active 0
Lot Size 0.11 Acres
Approx. Age 1941
Avg. Price Per Sqft $69
MLS® Number 20261086329

Property Address: 20436 Mccormick Street, Detroit, MI, 48224

Average square foot calculated using Size range provided by listing agent.

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
MLS® Number20261086329
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1941
BasementFull, Unfinished
DrivewayOne Car Garage, Detached, Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $85,000 and $119,000.
Similar properties in this area sold on average for: $107,097
Expected to sell in 73 days. Similar properties sold in 73 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties