20436 McCormick Street, Detroit, MI 48224 1273
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20436 McCormick Street, Detroit, MI 48224 1273
20436 McCormick Street, Detroit, MI 48224 1273
20436 McCormick Street, Detroit, MI 48224 1273
20436 McCormick Street, Detroit, MI 48224 1273
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ILink Real Estate Co

ILink Real Estate Co

+1(419) 277-7127
$ 85,000
Est. payment /mo
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20436 McCormick Street Detroit, MI 48224 1273

4 Beds

1 Bath

1,218 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,218 sqft

Price per Sqft $69

Subdivision East Park Manor

MLS Listing ID 61041691

Style 2 Story

Bedrooms 4

Full Baths 1

Abv Grd Liv Area 1,218

Year Built 1941

Annual Tax Amount $2,178

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40X115

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

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Unfinished

Interior

Heating Forced Air

Exterior

Parking Features Detached Garage

Garage Spaces 1.0

Garage Yes

Building

Story 2 Story

Foundation Basement

Water Public Water

Architectural Style Bungalow

Structure Type Brick,Vinyl Siding

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA

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
Nearby Locations
ILink Real Estate Co

ILink Real Estate Co

License ID: 2014002630

+1(419) 277-7127

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20436 McCormick Street