Cash Flow Opportunity Investment Property! Well-maintained brick home located in a tree-lined street in Detroit. This spacious home features a one car garage, 3 bedrooms, 1 bathroom, and is occupied by a long-term tenant, providing immediate, dependable income. The current tenant pays $975 per month ($11,700 annually). Lease is on a month to month basis. Security deposit held by seller is $850. The water is in the name of the tenant and paid for by the tenant. No water escrow will be held for closing. Take advantage of this strong-performing income property with reliable cash flow from day one. Do not disturb the tenants. Property is being sold AS IS. Offers must include the following documents to prevent any delays in presenting your offer. Submit with offer your Disclosure Regarding Agency, Seller's Disclosure Statement, LBP Disclosure and Pre-Approval or Proof of Funds. NO SHOWINGS UNTIL AN OFFER HAS BEEN ACCEPTED. MAKE OFFER CONTINGENT ON A PRIVATE INSPECTION.
Courtesy of RE/MAX Leading Edge 3132777777
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