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Phone: 6194853322

Email: info@azimuthrev.com

Property id(7279) is Reserved

Property id(7279) is Sold

Email: info@azimuthrev.com

6194853322

27035 New York St, Inkster, michigan 48141Download Brochure

Short Remarks

BRICK 2 BED, 1 BATH HOME WITH A DETACHED 2 CAR GARAGE

SECTION 8 TENANT

COMPLETELY REMODELED WITH NEW:

FURNACE
HOT WATER HEATER
CARPET THROUGHOUT
KITCHEN CABINETS, SINK, AND COUNTERTOP
TILE KITCHEN FLOORING
BATHROOM VANITY, MIRROR, AND TOILET
TILE BATHROOM FLOORING
PLUMBING AND PLUMBING FIXTURES
ELECTRICAL PANEL AND ELECTRICAL FIXTURES
INTERIOR AND EXTERIOR LIGHTING
VINYL WINDOWS AND BLINDS
INTERIOR TWO-TONE PAINT
DOORS AND HARDWARE

FULL BASEMENT WITH GLASS BLOCK WINDOWS

Full Remarks

***The Detroit suburb of Inkster is located directly west of Detroit.  Comprised of mostly 2 and 3 bedroom homes Inkster is undergoing a transformation of youth.  Young families are finding affordability with ease of access to downtown Detroit, Ford Manufacturing Facility and Detroit Wayne Metro Airport with a quiet suburban lifestyle.   In 2016 the planning phase to connect the University of Michigan to Wayne County Airport and Downtown Detroit began.  This project will include a light rail and main station in Inkster City drawing more families and development to the city.  Property values are sure to rise quickly in Inkster.  

  • Purchase price :

    $68,940
BUY NOW
  • Property Details

  • Bedrooms:

    2
  • Baths:

    1
  • Sq FT:

    1,000
  • YEAR Built:

    1950
  • TYPE:

    Single Family
  • LOT SIZE:

    6,534
  • Cash Flow analysis

  • MONTHLY RENT PMT :

    $850
  • ANNUAL RENT :

    $10,200
  • Estimated* Hazard Insurance:

    $500
  • Estimated* Property Taxes:

    $1,441
  • Property Management Exp:

    $1,020
  • Annual Utilities Exp:

    $0

Estimated* Net Income:

$7,239

* These estimates are based on current information and projections and are not a guarantee of future income. All investments have risk. Additional or increased expenses and vacancies could effect your actual realized return on your real estate investment property.

Comps

Property Address Purchase Price Date Sold Type of Deal # of Beds # of Baths
26150 Avondale, Inkster MI $75,000 7/6/17 Single Family 2 1
27053 Norfolk, Inkster MI $80,000 6/29/17 Single Family 2 1
26635 Florence, Inkster MI $70,800 11/3/17 Single Family 3 1