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 7  Michigan properties For Sale found                  Page 1 of 1           Subscribe: XML Feed USA, Michigan overseas property
Apartment for sale in Detroit, Lake Erie, Michigan, USA
Detroit 
Studio
Bedrooms
N/A
Baths
Resale Property for sale
Resale
Apartment
Apartment
N/A
Size
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$ 3,150,000
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Apartment for sale in Detroit, Lake Erie, Michigan, USA

Asking: $ 3,150,000
Air conditioning |
This is a fantastic opportunity to acquire a quality apartment complex in a popular town in Michigan which is offered for sale in very good condition and benefits from 97% occupancy. The blocks comprise 4 studio apartments averaging 400 sq.ft let at $450 per month, 77 one bedroom apartments averaging 600 sq.ft let at $625 per month and 39 two bedroom apartments averaging 750 sq. ft. let at $750 per month. KEY FINANCIALS: SALES PRICE: $3,150,000 CLOSING COSTS: $25,000 1% AGENCY FEE: 31,500 TOTAL CAPITAL REQUIRED: $3,206,500 GROSS RENTAL INCOME: $950,100 LAUNDRY: $1,650 VENDING MACHINE: $780 PARKING, KET AND PET FEES: $16,400 LESS: 5% VACANCY $47,505 EFFECTIVE OPERATING INCOME: $873,920 EXPENSES/RUNNING COSTS: 10% PROPERTY MANAGEMEN...
15 bed Townhouse for sale in Detroit, Lake Erie, Michigan, USA
Detroit 
15
Bedrooms
5
Baths
Resale Property for sale
Resale
Townhouse
Townhouse
N/A
Size
Asking
$ 240,000
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15 bed Townhouse for sale in Detroit, Lake Erie, Michigan, USA

Asking: $ 240,000

$240,000 Quality 4 Property Metro Detroit Portfolio. Highly Recommended METRO DETROIT PROPERTY PORTFOLIO PORTFOLIO OF RENTAL INVESTMENTS PROPERTIES (Ref: PORT 12-14) This is an excellent opportunity to acquire a quality portfolio of properties in Detroit with great potential for capital appreciation as well as a good yield. 20% built in equity. Please find below a brief summary of the properties. Please complete the Enquiry Form for detailed information and photographs. Property 1 (pictured above): Brick Built 4 bedroom Colonial Westland, MI 48186 Rental Income $15,000 pa ($1,250 pm) Expenses $5,550 Net Income: $9,450 Market Value: $125,000 Property 2: Brick Built 4 bedroom Bungalow Redford, MI 48239 Rental Income $10,200 pa ($850 pm) Expenses $4,120 Net Income: $6,080 Market Value: $65,000 Property 3: Brick Built Duplex 2 x 2 Bed...
9 bed Apartment for sale in Detroit, Lake Erie, Michigan, USA
Detroit 
9
Bedrooms
9
Baths
Resale Property for sale
Resale
Apartment
Apartment
5100 (sq ft)
Size
Asking
$ 185,000
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9 bed Apartment for sale in Detroit, Lake Erie, Michigan, USA

Asking: $ 185,000
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9351 - 9361 Woodside, Detroit, MI 48204 is a quality block of 9 apartments which has recently been refurbished to a high standard. 8 of the 9 apartments are already occupied and new tenants are lined up to move in shortly and prior to the closing of the sale. The property totals 5,100 square feet and comprises 9 one bedroom apartments. It is located in a sought after area which enjoys a high ongoing rental demand. This is a great value block which is priced to sell now so please contact us as soon as possible if you would like further information and are genuinely interested. Unlike many of our competitors, we take into account all closing and ongoing costs to give you a genuine net yield! KEY FIGURES: Purchase Price: $185,000 (closing costs included) Agency Fee: $5,000 TOTAL OUTLAY: $190,000 RENTAL INCOME: $50,820 O...
12 bed Townhouse for sale in Detroit, Lake Erie, Michigan, USA
Detroit 
12
Bedrooms
4
Baths
Resale Property for sale
Resale
Townhouse
Townhouse
N/A
Size
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$ 139,000
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12 bed Townhouse for sale in Detroit, Lake Erie, Michigan, USA

Asking: $ 139,000

We are pleased to offer for sale a quality portfolio of four brick built single family homes in the sought after Warrendale and College Park districts of Detroit. These properties have recently been refurbished to a high standard. Three of the properties are already tenanted and tenants are moving in to the other one within the next week to ensure 100% occupancy. The properties are well managed by a reliable and professional local management company. Please complete the Enquiry Form for full details, financial analysis, videos, numerous photos, etc. Location, Location, Location - These properties are located in a VERY GOOD AREA of the city. Do not be fooled into buying cheaper property with a higher advertised return from others, there is a reason they are cheaper! KEY FINANCIALS: Sales Price: $139,000 Closing Costs: $4,000 (Estimated) Agency Fee: $5,000 TOTAL...
3 bed Townhouse for sale in Detroit, Lake Erie, Michigan, USA
Detroit 
3
Bedrooms
2
Baths
Resale Property for sale
Resale
Townhouse
Townhouse
1248 (sq ft)
Size
Asking
$ 30,000
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3 bed Townhouse for sale in Detroit, Lake Erie, Michigan, USA

Asking: $ 30,000

15810 Appoline St, Detroit, MI 48227 is a lovely 3 bedroom, 2 bathroom house which is offered for sale in very good condition. Located in a popular position with easy access to the John C Lodge Freeway, the property was built in 1929 and totals 1,248 square foot on a lot of 3,920 square foot. It benefits from a detached garage. The property sold for $90,000 in 2005. It is now priced at just a third of that price to ensure a quick sale. New tenants are lined up to move in shortly and prior to the closing of the sale to ensure an excellent income from day one. KEY FIGURES: Purchase Price: $30,000 Closing Costs: $1,000 (estimated) Agency Fee: $1,500 TOTAL OUTLAY: $32,500 RENTAL INCOME: $8,400 OUTGOINGS: Property Taxes: $2,200 Insurance: $600 Management: $840 TO...
3 bed Townhouse for sale in Detroit, Lake Erie, Michigan, USA
Detroit 
3
Bedrooms
2
Baths
Resale Property for sale
Resale
Townhouse
Townhouse
1100 (sq ft)
Size
Asking
$ 26,000
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3 bed Townhouse for sale in Detroit, Lake Erie, Michigan, USA

Asking: $ 26,000
Air conditioning |
GREAT VALUE FOR MONEY 19372 Asbury Park, Detroit, MI 48235 is a 3 bedroom detached bungalow of 1,100 square foot on a lot of 3,920 square foot which was built in 1948. The property is offered for sale in good order and is already let on a renewable 12 month tenancy to a section 8 tenant to ensure a fantastic income from day one. This cosy West Side house is located in one of the top zip codes in Detroit a high demand rental area. Similar homes sell in excess of $35,000 in this area. Purchase this income property and start collecting rental income from day one. Reserve this now and start collecting income. KEY FIGURES: Purchase Price: $26,000 Closing Costs: $500 (estimated) Agency Fee: $1,500 TOTAL OUTLAY: $28,000 RENTAL INCOME: $8,400 OUTGOINGS: Property Taxes: $2,200 Insurance: $600 Management: $840 TO...
2 bed Townhouse for sale in Detroit, Lake Erie, Michigan, USA
Detroit 
2
Bedrooms
1
Baths
Resale Property for sale
Resale
Townhouse
Townhouse
752 (sq ft)
Size
Asking
$ 19,500
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2 bed Townhouse for sale in Detroit, Lake Erie, Michigan, USA

Asking: $ 19,500

GREAT VALUE FOR MONEY 19781 Oakfield St, Detroit is a detached 2 bedroom property which is located in the popular MI 48235 zip code with easy access to all amenities. The property has recently been refurbished and is already tenanted to ensure an excellent income from day one. Built in 1947, the property measures 752 sq ft on a lot of 3,920 sq ft. Numerous photos are available on request. Please complete the Enquiry Form. This property is priced to sell now and is well below the current Zestimate of $36,000. Reserve this now and start collecting income. KEY FIGURES: Purchase Price: $19,500 Closing Costs: $1,000 (estimated) Agency Fee: $1,500 TOTAL OUTLAY: $22,000 RENTAL INCOME: $6,900 OUTGOINGS: Property Taxes: $1,300 Insurance: $500 Management: $587 TOTAL OUTGOINGS: $2,387 NET INCOME: $4,513 T...
 
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Welcome to our Michigan property for sale page.

Find Michigan properties using the search facility provided top of the page or use the region links to search through specific Michigan real estate regions. We have real estate ads listed from agents and direct by owners, whether you are buying a second home in Michigan, investment property in Michigan or looking to relocate you will find all of our listings come with prices and pictures. To search for a specific type of property, select your dwelling type, Villa, House, Apartment, Condo, Townhouse, Land, Ruin, Barn, Farm, Chateau, Lake, Island, Castle, Flat, Penthouse, lakeside cabins, skiing chalets, Hotel or even Commercial properties from bars, restaurants and retail shops. You can also search for villas with pools or by property sale type, Off Plan, New Build or Resale real estate listings. All of our Michigan property adverts are updated daily and you are free to contact the owner or agent directly. We now have a large selection of Michigan real estate adverts, from cheap Michigan property to luxury real estate in Michigan ranging in the millions. Thinking of selling your own property in Michigan See our advertising page for full details, including agent accounts.
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