GORGEOUS 7 BEDROOM 2.5 BATHROOM SECTION 8 TUDOR BRICK BEAUTY OOZING WITH CHARACTER JUST FOOTSTEPS AWAY FROM GROSSE POINTE HISTORIC DISTRICT AND SAINT CLAIRE SHORES - SECTION 8 RENT $2,400 + TENANT PAYS ALL UTILITIES + NEW 2 YEAR LEASE

$2,480 SECTION 8 CASH FLOWING RENTAL PROPERTY WITH NEW 2 YEAR LEASE. TENANT SET TO MOVE IN NOV 1 - DEC 1.

This character filled giant brick Tutor with soaring high ceilings and jaw dropping flowing hardwood floors is perfectly located in investor friendly Morningside area just footsteps away from Detroit’s famous Grosse Pointes and Saint Claire Shores. Minutes away from all sorts of high end restaurants and shopping. The surrounding comps put this property value easily upwards of 200K but likely closer to 220K. Not to mention the solid government section 8 rent thats wired into your account every month like clockwork. At $2480 a month it puts this investment property with a 15% annual return.

4151 Haverhill St has received one of our full jumbo deluxe rehab packages.

Included in our renovation and restoration 2022-2024 package are as follows;

New Roof. All new vinyl windows except a few glass bevelled windows that we restored and kept.
All new glass block windows for basement as well. 3 new bedrooms and 1 full bathroom.

All new electrical, new breaker panel, new meter can, all new wire, new junction boxes, new grounded service line, new plugs, new gcfi’s, new switches, all new LED lighting/fixtures.

All new plumbing, New main drain with new cleanout. All new pex lines, all new PVC stacks, some new drain lines, new vanities, new faucets, new toilets, new surround shower for second full bathroom, new bath tub, new kitchen sink.

All new tile flooring as well as all new restored hardwood flooring. All new interior and exterior paint. New countertop and cabinets. All new blinds. New HVAC units. All new ductwork. New HWT. All new downspouts, some new gutters, new security camara’s and flood lights as well as new garage door etc etc..

*****Also, the city just replaced the lead waterline coming in from the street with an industrial new big copperline for added value.

Average stay for section 8 tenant in Detroit is 5-8 years. We have a turnkey operation here in Detroit and own dozens of properties. We are buying and selling properties all year round and currently have multiple crews consisting of dozens of contractors/workers working on our properties daily. We also have our own in-house management company that takes excellent care of our Out-Of-State and Out-Of-Country Clients. For deals like this, cash buyers or DSCR loans are favored. We also have an amazing local lender who specializes DSCR loans as well as Detroit Section 8 rental properties if you need a referral. For additional details or information contact Darren Foy at 310.310.0245 or [email protected]

Location:

4151 HAVERHILL ST, Detroit, MI 48224