6416 PIEDMONT, Detroit, Michigan 48228

$35,000
2
BD
1
BA
706
SqFt
List Price
$35,000
Ownership
Private Owned, Short Sale - No
MLS#
2200044643
Status
ACTIVE
Bedrooms
2
Bathrooms
1
Total Square Footage
706
Subdivision
WEST WARREN LAWNS

Property Description

Section 8 Leased and performing investment property for sale. Part of a 10 property portfolio but can be purchased separately. This 2 bedroom, ranch is tenanted at $750 monthly allowing for an annual NOI of $5,330 and a ROI of 15.23% after taxes and insurance. Near schools, shops, parks and easy access to expressways. Please do not disturb tenants.

Additional Information

Summer Taxes
624
Winter Taxes
46
Year Built
1950
Basement Type
Daylight, Unfinished
Foundation
Basement
Acres
0.12
Style
Ranch
Acres
0.12
School District
Detroit
Interior Features
Cable Available, High Spd Internet Avail
Cooling
Ceiling Fan(s)
Heating
Forced Air
Exterior Features
Awning/Overhang(s), Outside Lighting
Garage Spaces
1 Car
Garage Description
Detached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of IPS Realty.

IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and Realcomp II Ltd. Copyright 2020 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.