Low-maintenance turnkey rental - Rented $750/month, only $32,500

[Rob McGraw]

Tenant occupied, 2 bed / 1 bath currently rented for $750/month, less than a block from St. John Hospital for only $32,500. Grosse Pointe mailing address, but within Detroit city limits.

Tenants have been in place since 2016 and wish to remain long term. Husband is a retiree from DTE and wife is a nurse at the hospital. Tenants pay water, gas, and electric.

Easy turnkey property for someone looking for a low-maintenance investment!

Unit is one of an individually-parceled duplex, common along this stretch of Moross Rd.

Two similar units have sold recently, both for $32,500 tenant occupied:

21605 Moross: Rented at $700/month
21609 Moross: Rented at $725/month

Below is a link to additional pictures, which were taken prior to tenant move-in. Subject unit is the one on the left in the first picture. There are no material differences between photos and my recent walk through. Tenants own all appliances except refrigerator.

https://drive.google.com/open…

I hold the assignable contract.

For minimal disruption to the tenants, walk-throughs will only be scheduled after acceptance of purchase agreement (made contingent on a walk through if you'd like of course) and receipt of EMD.

Please email [email protected] with any questions!