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18700 Kingsville St E, Detroit, MI 48225

$120,000
: 4
BD
: 1
BA
: 1,125
SqFt

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List Price: $120,000
MLS#: 20261086391
Status: ACTIVE
Bedrooms: 4
Bathrooms: 1
Total Square Footage: 1,125
Subdivision: EAST PARK MANOR 2

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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

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Additional Information

Year Built: 1947
Basement Type: Unfinished
Foundation: Basement, Brick/Mortar
Acres: 0.12
Lot Dimensions: 44.61X114
Style: Bungalow
Acres: 0.12
School District: Detroit
Heating: Forced Air, Natural Gas
Garage Spaces: 1
Garage Description: 1 Car, Detached