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Phone: 8063195383

Email: loaassets@gmail.com

Property id(7290) is Reserved

Property id(7290) is Sold

Email: loaassets@gmail.com

8063195383

3816 Spruce St, Inskter, michigan 48141Download Brochure

Short Remarks

2 BED, 1 BATH HOME WITH A DETACHED GARAGE

SECTION 8 TENANT

***RETAIL GRADE REMODEL WITH NEW:

ROOF WITH 30 YEAR ARCHITECTURAL SHINGLES (2-3 YEARS OLD)
FURNACE
WATER HEATER
VINYL WINDOWS AND BLINDS
KITCHEN CABINETS, COUNTER TOP, AND SINK
TILE KITCHEN FLOORING
BATHROOM VANITY, TOILET, MIRROR, AND TUB
TILE BATHROOM FLOORING
CARPET THROUGHOUT
DOORS AND HARDWARE
LIGHTING THROUGHOUT
INTERIOR TWO-TONE PAINT
PLUMBING AND PLUMBING FIXTURES
ELECTRICAL PANEL AND FIXTURES
GUTTER SYSTEM

MAINTENANCE FREE VINYL SIDING

Full Remarks

Inkster City is on the rise and we are excited to be a part of it!

Our company is one of just a few approved companies that is working directly with the city, mayor and building department in an effort to improve the city one block at a time. We're literally changing neighborhoods!

Inkster is a small affordable residential community surrounded by opportunity. Sitting just west of Detroit and only a few miles from the International Airport. With the bustling cities of Dearborne Heights, Taylor, Westland and Romulas surrounding it.

Comprised of mostly 2 and 3 bedroom homes Inkster is undergoing a transformation of youth.  Young families are finding affordability with ease of access to downtown Detroit, Ford Manufacturing Facility and Detroit Wayne Metro Airport with a quiet suburban lifestyle.   In 2016 the planning phase to connect the University of Michigan to Wayne County Airport and Downtown Detroit began.  This project will include a light rail and main station in Inkster City drawing more families and development to the city.  Construction is set to begin in summer 2018 bringing jobs and opportunity to Inkster.  This is sure to cause property values to increase in the near future.

  • Purchase price :

    $70,850
BUY NOW
  • Property Details

  • Bedrooms:

    2
  • Baths:

    1
  • Sq FT:

    825
  • YEAR Built:

    1927
  • TYPE:

    Single Family
  • LOT SIZE:

    4,235
  • Cash Flow analysis

  • MONTHLY RENT PMT :

    $800
  • ANNUAL RENT :

    $9,600
  • Estimated* Hazard Insurance:

    $500
  • Estimated* Property Taxes:

    $700
  • Property Management Exp:

    $960
  • Annual Utilities Exp:

    $0

Estimated* Net Income:

$7,440

* These estimates are based on current information and projections and are not a guarantee of future income. All investments have risk. Additional or increased expenses and vacancies could effect your actual realized return on your real estate investment property.

Comps

Property Address Purchase Price Date Sold Type of Deal # of Beds # of Baths
26635 Florence, Inkster MI $70,800 11/3/17 Single Family 3 1
4072 Hickory, Inkster MI $85,224 9/27/17 Single Family 3 1
27053 Norfolk, Inkster MI $66,000 1/25/18 Single Family 2 1