15514 Griggs, 48238, Detroit, MI
15514 Griggs, 48238, Detroit, MI
$120,000
Attention Investors: Don't miss this opportunity to add this property to your portfolio! With a CAP rate slightly above 9% (excluding mortgage payments), this property is highly attractive. Located just steps from the M10, this home features 1, 565 sqft of living space on a 3, 789 sqft lot. The property boasts three spacious bedrooms on the upper level, plus the potential of fourth bedroom on the main floor. It also includes a spacious living room, dining room, kitchen, a partially finished basement, a two-car garage, and a backyard. Don't let this magnificent opportunity to make it yours!. The current tenant has lived in the home for five years, always paying on time; starting in June, they will be paying a monthly rent of $1, 100.00, and they are interested in continuing to rent the property. Do not miss out on this excellent business opportunity. Schedule your showing today. B.A.T.V.A.I.
15514 Griggs, 48238, Detroit, MI