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3 Tudor Houses in Morningside, Detroit 3 Specialty Properties Offered at $450,000 in Detroit, MI
INVESTMENT HIGHLIGHTS
- Beautiful historic Tudor houses boast timeless architectural charm
- Located in Detroit's revitalizing Morningside neighborhood
EXECUTIVE SUMMARY
Seize this prime chance for savvy investors to acquire three charming Tudor-style houses in the desirable Morningside neighborhood of Detroit.
Two units are currently rented at $1,200 per month each, with reliable long-term tenants in place.
One unit is vacant, offering strong rental potential at $1,600 per month.
This portfolio generates an attractive annual income of $41,854, delivering an average cap rate of 9.38%. Don't miss out—this exceptional opportunity won't last long! Serious inquiries only; no lowball offers, please. Contact for details and to schedule a viewing.
Two units are currently rented at $1,200 per month each, with reliable long-term tenants in place.
One unit is vacant, offering strong rental potential at $1,600 per month.
This portfolio generates an attractive annual income of $41,854, delivering an average cap rate of 9.38%. Don't miss out—this exceptional opportunity won't last long! Serious inquiries only; no lowball offers, please. Contact for details and to schedule a viewing.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $450,000 | Number of Properties | 3 |
| Price / SF | $103.71 / SF | Individually For Sale | 0 |
| Cap Rate | 9.30% | Total Building Size | 4,339 SF |
| Sale Type | Investment | Total Land Area | 0.31 AC |
| Status | Active |
| Price | $450,000 |
| Price / SF | $103.71 / SF |
| Cap Rate | 9.30% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 4,339 SF |
| Total Land Area | 0.31 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 5504 Buckingham Ave, Detroit, MI 48224 | Specialty | 1,674 SF | 1937 | - |
| 5790 Berkshire St, Detroit, MI 48224 | Specialty | 1,415 SF | 1925 | - |
| 5203 Devonshire Rd, Detroit, MI 48224 | Specialty | 1,250 SF | 1926 | - |
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Presented by
Allan T Berrabah
3 Tudor Houses in Morningside, Detroit
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