19775 BURGESS Unit ********

  • $195,000
19775 BURGESS, Detroit, MI 48219

Overview

Property ID: 20251006283
  • Single Family Home
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1260
  • Sq Ft
  • 1956
  • Year Built

Overview

Property ID: 20251006283
  • Single Family Home
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1260
  • Sq Ft
  • 1956
  • Year Built

Description

This one is for investors! Tenant occupied at $1700/m. This property is part of a 4-property investor portfolio and will only be sold as part of the full package. No cherry picking. Package price is $650,000 for all four homes. At a package price of $650,000, this deal offers a cap rate of 9.05%, GRM of 9.34 and a DSCR of 1.36. Addresses include: 19775 Burgess ($1,700/mo rent), 20201 Grandville ($1,600/mo rent), 9117 Brace ($1,200/mo rent, Section 8), and 16550 Freeland ($1,300/mo rent, Section 8). Total portfolio rent: $5,800/month or $69,600/year. All properties are fully leased, tenant-paid utilities, and in turnkey condition. Contact listing agent for rent roll, leases, and additional info. This package is ideal for an investor seeking stability, cash flow, and low management

Details

Updated on June 27, 2025 at 3:10 pm
  • Property ID: 20251006283
  • Price: $195,000
  • Property Size: 1260 Sq Ft
  • Land Area: 0.12 Acres
  • Bedrooms: 3
  • Bathrooms: 3
  • Year Built: 1956
  • Property Type: Single Family Home
  • Property Status: For Sale
  • Address 19775 BURGESS
  • City Detroit
  • State/county Michigan
  • Zip/Postal Code 48219
  • Country US

Features

  • Microwave
  • Range
  • Refrigerator

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