About 11822 Promenade
This fully renovated duplex is the ideal plug and play investment for an investor looking for a turnkey fully occupied section 8 rental. Skip the stress, time, and money that comes with getting a property to pass the section 8 rental inspection, this property has recently passed inspection with both units! Two brand new section 8 families have moved in with 12 month leases. The annual income that this duplex will bring is $33,600 with the current section 8 tenants in place (lower unit $1,500 per month and upper collects $1,300 per month). Each unit is 3 bed 1 1/2 baths! Enjoy low stress investing knowing that everything is brand new therefor your future capital expenses are estimated to be extremely low.
Features of 11822 Promenade
MLS® # | 24011720 |
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Price | $229,900 |
Bathrooms | 0.00 |
Acres | 0.12 |
Year Built | 1926 |
Type | Multi-Family |
Sub-Type | 2 to 4 Units |
Status | Active |
Community Information
Address | 11822 Promenade |
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Area | Wayne County - 100 |
City | Detroit |
County | Wayne |
State | MI |
Zip Code | 48213 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Heating | Forced Air, Natural Gas |
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Fireplace | No |
# of Fireplaces | 1 |
School Information
District | Detroit |
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Additional Information
Legal | NO SHOWINGS UNTIL AN ACCEPTED OFFER |
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New Construction | No |
Sewer | Public Sewer |
Financial Details
Annual Property Tax | $0 |
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Tax ID # | W21I008896S |
Taxable Value | 0.00 |
Listing Details
Agent | Sotero Lopez |
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Office | EXP Realty, LLC |