Contact Agent
Map
Presented by: EXP Realty, LLCPowered by Highrises
For Sale

$229,900

11822 Promenade St, Detroit, MI 48213

  • -Bed
  • 0Bath
  • -SqFt
  • -Bed
  • 0Bath
  • -SqFt
  • Property Type
    Condo
  • Year Built
    1926
  • On highrises
    46 Days

Property Details

This fully renovated duplex is the ideal plug and play investment for an investor looking for a turnkey fully occupied section 8 rental. Skip the stress, time, and money that comes with getting a property to pass the section 8 rental inspection, this property has recently passed inspection with both units! Two brand new section 8 families have moved in with 12 month leases. The annual income that this duplex will bring is $33, 600 with the current section 8 tenants in place (lower unit $1, 500 per month and upper collects $1, 300 per month). Each unit is 3 bed 1 1/2 baths! Enjoy low stress investing knowing that everything is brand new therefor your future capital expenses are estimated to be extremely low.

Property Features

Bathrooms

  • Total Bathrooms: 0
  • Presented by:
  • SOTERO M LOPEZ II
  • state license#6501379765

Discover More

Learn more about 11822 Promenade St