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Buy & Hold (Rental): 20458 SORRENTO ST, DETROIT, MI 48235 + AVAILABLE




Single Family Investment Opportunity






Price

$70,000


Off-Market Listing: 20458 Sorrento St, Detroit, MI - Section 8 Property


Price: $70,000


Monthly Rent: $700


Property Overview:Nestled in a tranquil neighborhood, this charming brick property at 20458 Sorrento Street in Detroit, MI, represents a fantastic investment opportunity, especially for those interested in Section 8 rentals.


Key Features:

  • Type: Single-Family Home

  • Size: 802 square feet

  • Bedrooms: 2

  • Bathroom: 1

  • Construction: Sturdy and appealing brick exterior


This home's compact and efficient layout makes it an ideal choice for small families or individuals seeking a cozy living space. The brick construction not only adds to the aesthetic appeal but also ensures durability and low maintenance.


Investment Highlights:

  • Stable Section 8 rental income

  • Current monthly rent of $700, offering a promising return on investment

  • Located in a peaceful area, enhancing tenant appeal


Next Steps:Interested investors are encouraged to seize this valuable opportunity. Please submit all offers and inquiries directly to investments@promiselandrealtyllc.com. This off-market deal is a unique chance to add a valuable asset to your portfolio.


RENTAL LEDGERS


20458 SORRENTO tenant_ledger-leticia_journey-20240118
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Property Comps




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




PROMISE LAND REALTY

Work: 864-762-2509


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. 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. Brokers and Realtors may add your fee on top of the purchase price.

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