18419 Margareta StreetDetroit, MI 48219

About

This Home

Cash Flow Opportunity Investment Property! Well-maintained brick home located in a tree-lined street in Detroit. This spacious home features a one car garage, 3 bedrooms, 1.5 bathrooms, and is occupied by a long-term tenant, providing immediate, dependable income. This is a month to month lease with the current tenant paying $925 per month ($11,100 annually). The seller is holding a security deposit of $750. The water is in the tenants name and is paid for by the tenant. There will be no water escrow held from seller at closing. They Take advantage of this strong-performing income property with reliable cash flow from day one. Do not disturb the tenants. Property is being sold AS IS. Offers must include the following documents to prevent any delays in presenting your offer. Submit with offer your Disclosure Regarding Agency, Seller's Disclosure Statement, LBP Disclosure and Pre-Approval or Proof of Funds. NO SHOWINGS UNTIL AN OFFER HAS BEEN ACCEPTED. MAKE OFFER CONTINGENT ON A PRIVATE INSPECTION.

Details

Property Type

Residential

Style

Single Family Residence

Year Built

1941

Lot Size

0.12 acres

Garage Spaces

1

Heating

Forced Air, Natural Gas

Cooling

None

Basement

Unfinished

Annual Taxes

$2,857

MLS #

20261087918

Gallery