Ref: HS4236981

4 Bed Commercial for sale in North & Lake Michigan, Michigan, Unite...

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Fixed Price USD $59,000 (approx. GBP £37,664)

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Property Details

Property: Commercial (Resale)
Bedrooms: 4
Bathrooms: 4
Receptions: 4

APARTMENT COMPLEX IN SUBURBAN MICHIGAN

4 APARTMENTS UNDER ONE ROOF FULLY REFURBISHED IN 2009 PROVIDING 4 X 1 BEDROOM APARTMENTS WITH SEPARATE ENTRANCES AND UTILITIES. SECURED AT $59,000, FULLY LET TO TENANTS ALL ON 1 YEAR LEASES RENTED AT $2000. NET RETURN EACH MONTH IS £950 GB POUNDS

Features

APARTMENT COMPLEX IN SUBURBAN MICHIGAN USA FULLY REFURBISHED IN 2009 TO PROVIDE 4 X 1 BEDROOM FLATS UNDER ONE ROOF WITH SEPARATE ENTRANCES AND UTILITIES. ALL APARTMENTS REFURBISHED TO LOOK THE SAME, NEW WINDOWS, FURNACES,CARPETS,ELECTRICS,BATHROOMS,AND FRESHLY PAINTED THROUGHOUT. FULLY OCCUPIED TO TENANTS WHO ARE ALL ON 1 YEAR RENTAL LEASES PAYING A COMBINATION OF $2000 PER MONTH IN RENTS. SECURE AT $59,000 THIS PROPERTY HAS A GROSS RENTAL YIELD OF 40% AND NETS £950 GB POUNDS A MONTH. THE SURVEY HAS BEEN DONE AND PASSED WELL, AND THE APPRAISAL VALUE IS $70,000.THE LOCATION IS IN ONE OF OUR CHOSEN ZIP CODES IN MID MICHIGAN WHICH IS CONSIDERED MIDDLE CLASS.DPI FEES REMAIN THE LOWEST OF ANY INVESTMENT COMPANY AND THIS PROPERTY HAVING BEEN CONTRACTED, AND HAS A CLEAR TITLE AND IS FREEHOLD, REPRESENTS A HUGE RETURN ON INVESTMENT THAT CANNOT BE MATCHED ANYWHERE ELSE IN THE WORLD TODAY. CONTACT US FOR THE FULL PROSPECTUS, REFERENCE DPIDET20EMC.

Plot Size

300.00m²

Location

Rural

in middle class suburban Detroit, Michigan. Please visit www.dollarpropertyinvestment.co.uk for information ou our areas of interest in Detroit, Michigan and to view some common misconceptions of this City.

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Disclaimer: Property Reference: HS4236981. This listing is a property advertisement. PropertyIndex.com does not control the content of the advertisement and makes no warranty as to the accuracy or completeness of the advertisement, or any associated or linked information. This property advertisement does not constitute property particulars.