132621 Ashton Rd. Detroit, MI
- Price: $125,000
- Rent: $1,250
- Cap Rate: 8.28%
- Monthly NOI: $863
- Monthly Expenses: $387
- Type: Single Family Home
- Year: 1939
- Bedrooms: 3
- Bathrooms: 1
- Floor area: 904
This property is located just steps away from the charming Grandmont #1 sub division. There is a growing mix of home owners and tenants which has lead to rental rates to climb and homes to sell for $250k+. The “Strategic Neighborhood Fund” has a $35 million commitment from multiple corporations, each vowing to spend $5 million over five years to enhance city neighborhoods. The money goes for streetscape improvements, help for local businesses, and preserving or creating affordable housing.
Has a basement and a shed!
Status:
Recently Sold