18410 Fenelon Street Detroit, MI 48234 2217

REDUCED! LOCATED 8 MINUTES FROM THE INFAMOUS CITY OF HAMTRAMCK YOU WILL FIND 18410 FENELON NESTLED ON A 3,485 SQUARE FOOT LOT IN THE QUIET GRANT NEIGHBORHOOD OF HOMEOWNERS. THIS BRICKED CROWN JEWEL IS RECENTLY REMODELED AND BOASTS 2 SPACIOUS BEDROOMS. IN ADDITION, THIS HOME HAS SOME NEW ELECTRICAL AND PLUMBING TO ENSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY WAS JUST RENTED ON A 2 YEAR LEASE TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1200 ARE ALL PAID IN FULL BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN 22% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY $50 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.