20436 McCormick Street, Detroit, Michigan 48224
$85,000
Property Details
- MLS#: 20261086329
- Bedrooms: 4
- Bathrooms: 1
- Square Feet: 1,218
- Price per Sqft: $70
- Lot Size: N/A
- Year Built: 1941
- Property Type: Residential
- Transaction: For Sale
- Listing Status: Active
Tax and Assessment Information
Tax and assessment information is unavailable.
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
Location
This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 20436 McCormick Street?
20436 McCormick Street is listed at $85,000, or $70 per square foot.
How many bedrooms does 20436 McCormick Street have?
This property has 4 bedrooms and 1 bathrooms, with 1,218 square feet of living space.
Ask about this property
Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.
Phone: (313) 484-4696
Email: info@sonicrealty.com
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