Sale

OVERVIEW

18940 Rutherford - SOLD

National Real Estate Management Group is excited to announce your next investment opportunity. Located in the College Park neighborhood of Detroit, this beautiful ranch style home includes three bedrooms and one full bath. All bedrooms are generously sized for comfortable living. Included is a spacious unfinished basement that can be used for storage or laundry. Located only 10 minutes away from Lawrence Technological University and University of Detroit Mercy College of Engineering and Science. Currently tenant occupied at $800 a month. This property has been generating cash flow beautifully. Don’t miss out on this opportunity.

At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication. Choose National Real Estate Management Group for a worry-free investment experience.

18940 Rutherford

Detroit, MI 48235

eCode:
County:
Wayne
Property Type:
Single Family
Tenant Occupied
Residential
Investment
Total Building SF:
1,071 SF
Lot Size:
4,489 SF
Year Built:
1962
Beds:
3+
Bathrooms:
1+
Renovated:
Zoning:
R2
Sales Price:
$75,000
Sales Price Per SF:
$70.03
Monthly Rent:
$800
Taxes:
$1,321.87
Expenses:
$2,160
ROI:
8.16%
Rental Rate:
Additional Information:
  • Westside of Detroit, MI
  • Brick Made Ranch Style
  • Situated on large lot
  • Tenant Occupied ($800/month)
  • Pleasant 3 bedroom
  • Enjoyable front porch
  • Unfinished basement spans the entirety of property
  • Perfect for investors
  • Clear title, no back taxes or water dues
  • Sold via Warranty deed
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