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  • $45,000
  • 4 bedrooms
Oakfield
Location: Detroit
Purchase price: $45,000
Substantial 4 bedroom 2 bathroom brick colonial located in first class (Bagley) area of
Northwest Detroit.

Lawn lights and stylish brick homes adorn the streets of Detroit`s Bagley neighborhood. A perfect example would be Cherrylawn Street, where you can find this impressive 4 bedroom colonial. A testament to Detroit`s rich architectural past, this home has serious curb appeal.

This area has long been home to Detroit`s middle class families because of its small businesses and educational institutions. Mumford High School as well as Marygrove College is within walking distance and the Detroit Public Library is a short drive away. Major roads within the vicinity include McNichols Rd, as well as the Lodge Freeway.
Beds: 4
Baths: 2
Garages: 1
In sought after area of Detroit Size: 1602 sq ft Rental yields: 16.7% Purchase price:
$45,000
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Currently rented to a pre-screened, up to date tenant for $900 per month.

Yearly taxes of$2,200
Gross yearly income$10,800
Yearly management fee$1,080
Net annual rent roll$7,520
Oakfield
Location: Detroit
Purchase price: $45,000
Substantial 4 bedroom 2 bathroom brick colonial located in first class (Bagley) area of
Northwest Detroit.

Lawn lights and stylish brick homes adorn the streets of Detroit`s Bagley neighborhood. A perfect example would be Cherrylawn Street, where you can find this impressive 4...

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