Courtesy of: Nicholas M Zeoli, Real Broker, LLC, nick@zeolirealty.com
Courtesy of: Nicholas M Zeoli, Real Broker, LLC, nick@zeolirealty.com
$275,000
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8 bed
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4.00 Bath (4 Full)
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Lot: 0.19 Acres
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Other
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$275,000
12769 Meyers Road Turnkey 4-unit investment opportunity in Detroit, 3 of 4 units currently occupied. All four units are identical 2-bedroom/1-bath layouts - two leased at $1, 000/month, one at $950/month, and the fourth in the process of being leased at $1, 000/month and set to be occupied prior to closing, bringing total gross rent to $3, 950/month ($47, 400/year). All tenants pay cash and have a consistent on-time payment history, with low turnover across the building. Major capital items have been addressed, including a newer furnace, roof, windows, and hot water tank, and the vacant unit has been freshly painted with new carpet and is move-in ready. A private, fenced backyard and separate utilities per unit round out this stabilized, cash-flowing addition to any rental portfolio.
Courtesy of: Nicholas M Zeoli, Real Broker, LLC, nick@zeolirealty.com
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