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(734) 506-8099
Real Estate Company
10639 Balfour Rd, Detroit, MI 48224
- $110,000
- 3
- BD
- 1
- BA
- 1,291
- SqFt
- List Price
- $110,000
- MLS#
- 20261086366
- Status
- ACTIVE
- Bedrooms
- 3
- Bathrooms
- 1
- Total Square Footage
- 1,291
- Subdivision
- SEVEN MILE CADIEUX SUB 5
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
- 1940
- Basement Type
- Unfinished
- Foundation
- Basement, Brick/Mortar
- Acres
- 0.12
- Lot Dimensions
- 40X130.95
- Style
- Bungalow
- Acres
- 0.12
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
- Garage Spaces
- 2
- Garage Description
- 2 Car, Detached
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