8820 RUSSELL Street Shelby Twp, MI 48317

Completely renovated from top to bottom Shelby Township Duplex. This Duplex will require ZERO maintenance for years to come! New roof, windows, driveway & walkways, furnaces, hot water tanks, all interior/exterior paint, new kitchens with quartz counter-tops and new SS appliances. New plumbing & electrical. 2 car garage separated for each unit. In-unit laundry and a huge double lot.
7+% CAP RATE! Estimated monthly rent income per unit is $1,400 or $33,600 gross annually. Owner Expenses include: Property taxes $2,888, Estimated insurance$1800/yr estimated water bills $650, estimated yard maintenance $1400 annually. Total expenses: $6,738. ANNUAL NET INCOME: $26,862. This is a solid turn key investment that will not require capital investments for years to come.