10000 Marlowe St Detroit

31,500

Rent - 750 per month 

2 bed 1 Bath

10000 Marlowe St, Detroit MI 48227 | cashflow positive | cashflowpositive.com

10000 Marlowe St

Detroit, MI 48227

About the property:

Property is cute as a button! It's an amazing Investment opportunity at this Low Price!

  • Bedrooms: 2 downstairs (upstairs can be converted into the 3rd bedroom with just a $1500 rehab)
  • Bathrooms: 1
  • Fireplace
  • Size: 872 sqft
  • Lot Size: 4791 sqft
  • Build Style: Brick Bungalow
  • Foundation: Basement
  • Rent: $750/month
  • Taxes - $1045/annum (2018)
  • Minor TLC needed
  • Yield - 16.43%
  • Great for a SMSF
  • Only 8.7 Miles or 20 minutes to Downtown Detroit
  • Brand New Roof
  • Newer Electricals
  • Hardwood Floors
  • Neat house maintained well
  • Minimum TLC
  • 2 by 1 which can be converted to 3 bed.
  • Brick Bungalow
  • Westside of Detroit
  • Rent - 750 per month

This property sold for 84,500 in 2010. So, plenty of upside potential as this property market climbs to pre-GFC levels. It is located in the up and coming Plymouth-Hubbell area, just blocks from University of Detroit Mercy, Detroit Golf Club, and the University District. This area is poised for growth. These Lower end prices wont last long because prices are fast surging ahead in Detroit. Low end opportunities like this are rare! Interstate and International "Yield based buyers" pick these up in a heartbeat.

Buyer will receive a Clear Title - Warranty Deed backed by Title Insurance.
Property will be Professionally managed by a leading Property management company.

10000 Marlowe St, Detroit MI 48227 | cashflow positive | cashflowpositive.com
10000 Marlowe St, Detroit MI 48227 | cashflow positive | cashflowpositive.com
10000 Marlowe St, Detroit MI 48227 | cashflow positive | cashflowpositive.com
10000 Marlowe St, Detroit MI 48227 | cashflow positive | cashflowpositive.com
10000 Marlowe St, Detroit MI 48227 | cashflow positive | cashflowpositive.com
10000 Marlowe St, Detroit MI 48227 | cashflow positive | cashflowpositive.com
10000 Marlowe St, Detroit MI 48227 | cashflow positive | cashflowpositive.com
10000 Marlowe St, Detroit MI 48227 | cashflow positive | cashflowpositive.com
10000 Marlowe St, Detroit MI 48227 | cashflow positive | cashflowpositive.com

Comparable Sales (Qtr Mile Radius)

10000 Marlowe St, Detroit MI 48227 | cashflow positive | cashflowpositive.com
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