20436 McCormick Street, Detroit, MI 48224
20436 McCormick Street, Detroit, MI 48224
20436 McCormick Street, Detroit, MI 48224
20436 McCormick Street, Detroit, MI 48224
20436 McCormick Street, Detroit, MI 48224
20436 McCormick Street, Detroit, MI 48224
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Kory Lambarth

Kory Lambarth

+1(313) 283-2781
$ 85,000
Est. payment | /mo

4 Beds

1 Bath

1,218 SqFt

Save
$ 85,000
Est. payment | /mo
Save

4 Beds

1 Bath

1,218 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,218 sqft

Price per Sqft $69

MLS Listing ID 20261086329

Bedrooms 4

Full Baths 1

Year Built 1941

Annual Tax Amount $2,178

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40X115

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Detroit Rental Portfolio — Nine Properties Offered Individually, in Groups, or TogetherTake your pick: purchase one property, create a custom group, or acquire all nine properties for $872,000. The seller reports over $13,000 in monthly cash flow and over $155,000 in annual gross profit. Tenants pay all utilities and water, offering investors a portfolio with those costs paid by tenants. Request property-specific rent, lease, and expense information. Buyers to verify all income, expenses, occupancy, property details, and utility arrangements. These properties are all section 8 properties. The tenants pay under $1,000 each month meaning that over $12,000 is guaranteed cash flow. 10835 Somerset, Detroit, MI 48224 — $120,000 | $1500 rent | owner pays water19317 Marx, Detroit, MI 48203 — $99,000 | $1400 rent19734 Kingsville, Detroit, MI 48225 — $85,000 | $1400 rent10338 Balfour, Detroit, MI 48224 — $99,000 | $1500 rent20607 Moross, Detroit, MI 48224 — $55,000 | $1100 Rent20436 McCormick, Detroit, MI 48224, including 20430 McCormick, Detroit, MI 48224 — $85,000 | $1400 rent15099 Coyle, Detroit, MI 48227 — $99,000 | $1400 rent10639 Balfour, Detroit, MI 48224 — $110,000 | $161518700 Kingsville, Detroit, MI 48225 — $120,000 | $1700

Location

State MI

County Wayne

Direction right of Morros and Kelly

Interior

Heating Forced Air

Exterior

Parking Features Detached

Garage Spaces 1.0

View Y/N No

Garage Yes

Building

Story 2

Sewer Public

Water Public

Structure Type Brick,Vinyl Siding

Schools

School District Detroit

Others

Tax ID W21I080188S

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Listed by Realtyflo Inc

NEARBY SCHOOLS & PROPERTIES

Kory Lambarth

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(313) 283-2781

kory@korvanrealty.com

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20436 McCormick Street