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Buy&Hold ( Rental): 16509 Bringard Dr, Detroit, MI 48205 - SOLD

Updated: Oct 18, 2023

Single Family Investment Opportunity







Price

$48,000


Off-Market Rental Investment Opportunity in Detroit, MI


Property Overview: Welcome to 16509 Bringard, Detroit, MI 48205 – a fantastic investment opportunity in the heart of Detroit. This hidden gem is a cash cow waiting for the savvy investor. With a reliable long-term tenant in place, consistent rental income of $750 per month, and recent upgrades including a brand-new AC system, this property is a must-see for rental buying investors.

Property Details:

  • Address: 16509 Bringard, Detroit, MI 48205

  • Property Type: Single-Family Home

  • Bedrooms: 2

  • Bathrooms: 1

  • Square Footage: 708 SF


Investment Highlights:

  • Steady Rental Income: This property boasts a consistent rental income of $750 per month. The long-term tenant pays on time, like clockwork, ensuring a reliable cash flow for investors.

  • Recent Upgrades: A brand-new AC system was recently installed, adding to the property's value and tenant comfort. This investment has already been updated for you.

  • Buy and Hold: The ideal exit strategy for this property is a "buy and hold" approach. With a dependable tenant in place, you can enjoy a hassle-free income stream while benefiting from potential future appreciation.

  • Affordable Price: This turnkey investment opportunity is priced at just $48,000, making it an attractive option for investors looking to add a cash-flowing property to their portfolio.

Contact Information: For inquiries and to submit your offers, please contact: Email: sarter@promiselandrealtyllc.com


Don't miss out on this lucrative off-market investment opportunity. With a reliable tenant, recent upgrades, and a fantastic price, 16509 Bringard is the cash cow you've been searching for. Contact us today to make this property a valuable addition to your real estate portfolio.


Property Comps



"YOUR #1 SOURCE FOR OFF MARKET INVESTMENT PROPERTIES, NATIONWIDE"



PROMISE LAND REALTY, LLC

Work: 864-762-2509

sarter@promiselandrealtyllc.com


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*

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