Property Description

Detroit Rental Portfolio - Nine Properties Offered Individually, in Groups, or TogetherTake 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 water19317 Marx, Detroit, MI 48203 - $99,000 | $1400 rent19734 Kingsville, Detroit, MI 48225 - $85,000 | $1400 rent10338 Balfour, Detroit, MI 48224 - $99,000 | $1500 rent20607 Moross, Detroit, MI 48224 - $55,000 | $1100 Rent20436 McCormick, Detroit, MI 48224, including 20430 McCormick, Detroit, MI 48224 - $85,000 | $1400 rent15099 Coyle, Detroit, MI 48227 - $99,000 | $1400 rent10639 Balfour, Detroit, MI 48224 - $110,000 | $161518700 Kingsville, Detroit, MI 48225 - $120,000 | $1700

Property Features

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