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3 Tudor Houses in Morningside, Detroit 3 Specialty Properties Offered at $551,000 CAD in Detroit, MI
Investment Highlights
- Beautiful historic Tudor houses boast timeless architectural charm
- Located in Detroit's revitalizing Morningside neighborhood
Executive Summary
NO SCAM with MICROSOFT TEAM MEETING !!!!!!!! PHONE CALL AND SHOWING ONLY.
Seize this prime opportunity for savvy investors to acquire three charming Tudor-style houses in the desirable Morningside neighborhood of Detroit. Two units are currently rented at $1,200 per month each, with reliable long-term tenants in place. One unit is vacant, offering strong rental potential at $1,400 per month. Price recently reduced for a quick sale. A great investment with returns rarely seen in the U.S. market today!
This portfolio generates an attractive annual income of $41,854, delivering an average cap rate of 9.38%. Don't miss out—this exceptional opportunity won't last long! Serious inquiries only; no lowball offers, please. Contact for details and to schedule a viewing.
Seize this prime opportunity for savvy investors to acquire three charming Tudor-style houses in the desirable Morningside neighborhood of Detroit. Two units are currently rented at $1,200 per month each, with reliable long-term tenants in place. One unit is vacant, offering strong rental potential at $1,400 per month. Price recently reduced for a quick sale. A great investment with returns rarely seen in the U.S. market today!
This portfolio generates an attractive annual income of $41,854, delivering an average cap rate of 9.38%. Don't miss out—this exceptional opportunity won't last long! Serious inquiries only; no lowball offers, please. Contact for details and to schedule a viewing.
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- Operating and Financials
Property Facts
| Price | $551,000 CAD | Number of Properties | 3 |
| Price / SF | $126.99 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 10.46% | Total Building Size | 4,339 SF |
| Sale Type | Investment | Total Land Area | 0.31 AC |
| Status | Active |
| Price | $551,000 CAD |
| Price / SF | $126.99 CAD / SF |
| Cap Rate | 10.46% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 4,339 SF |
| Total Land Area | 0.31 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5504 Buckingham Ave, Detroit, MI 48224 | Specialty | 1,674 SF | 1937 | - |
| 5790 Berkshire St, Detroit, MI 48224 | Specialty | 1,415 SF | 1925 | - |
| 5203 Devonshire Rd, Detroit, MI 48224 | Specialty | 1,250 SF | 1926 | - |
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3 Tudor Houses in Morningside, Detroit
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