About 11822 Promenade
This fully renovated duplex is the ideal plug and play investment for an investor looking for a turnkey fully occupied section 8 rental. Skip the stress, time, and money that comes with getting a property to pass the section 8 rental inspection, this property has recently passed inspection with both units! Two brand new section 8 families have moved in with 12 month leases. The annual income that this duplex will bring is $33,600 with the current section 8 tenants in place (lower unit $1,500 per month and upper collects $1,300 per month). Each unit is 3 bed 1 1/2 baths! Enjoy low stress investing knowing that everything is brand new therefor your future capital expenses are estimated to be extremely low.
Features of 11822 Promenade
| MLS® # | 24011720 |
|---|---|
| Price | $229,900 |
| Bathrooms | 0.00 |
| Acres | 0.12 |
| Year Built | 1926 |
| Type | Multi-Family |
| Sub-Type | 2 to 4 Units |
| Status | Active |
Community Information
| Address | 11822 Promenade |
|---|---|
| Area | Wayne County - 100 |
| City | Detroit |
| County | Wayne |
| State | MI |
| Zip Code | 48213 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Fireplace | No |
| # of Fireplaces | 1 |
School Information
| District | Detroit |
|---|
Additional Information
| Legal | NO SHOWINGS UNTIL AN ACCEPTED OFFER |
|---|---|
| New Construction | No |
| Sewer | Public Sewer |
Financial Details
| Annual Property Tax | $0 |
|---|---|
| Tax ID # | W21I008896S |
| Taxable Value | 0.00 |
Listing Details
| Agent | Sotero Lopez |
|---|---|
| Office | EXP Realty, LLC |