19317 Marx St E, Detroit, MI 48203

$99,000
4
BD
1
BA
950
SqFt

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List Price
$99,000
MLS#
20261086409
Status
ACTIVE
Bedrooms
4
Bathrooms
1
Total Square Footage
950
Subdivision
CADILLAC HEIGHTS 3

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

Additional Information

Year Built
1939
Basement Type
Unfinished
Foundation
Basement, Brick/Mortar
Acres
0.17
Lot Dimensions
60X120
Style
Bungalow
Acres
0.17
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Spaces
2
Garage Description
2 Car, Detached

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