This turn key rental home in Royal Oak has had all the work done, allowing you to sit back and collect every month. If you’re not familiar with this particular area of metro Detroit, it is an upscale, young, trendy, and centrally located suburb of the city.
This property is absolutely perfect for an out of town landlord. It’s a 3 BR/1bath with the following updates:
Rented to a single professional, and rent is set up on autopay through Charter One Bank for $1,000/month for 2 years minimum…possibly 3.
The tenant has already paid the move in costs of $2,300, which will go to you at closing.
Tenant also pays ALL utilities on autopay as well.
The cash price is just $115,000…and it’s the best deal in Royal Oak right now!
Below is a list of recent market comparable properties. We think you will find the renovation to be top notch and our price to be under market. We’ve also selected a quality tenant with a good credit score for worry free management.
This property is a winner!
