1915 Ewald Cir Detroit, MI 48238

This exceptional investment opportunity presents a portfolio of five (5) single-family rental homes located in Detroit, Michigan, within Wayne County, zip code 48238. The properties, situated on Ewald Circle, boast a combined total square footage of 6,735. Each unit is a three-bedroom, one-and-a-half-bathroom residence, offering comfortable living spaces. The homes were built between 1943 and 1950 and have undergone significant renovations in 2016, 2019, and 2021, ensuring modern amenities and updated features. The portfolio offers a compelling return on investment, with an asking price of $675,000, or $135,000 per unit. Individual property details include: one 1,440 sq ft, 5-bedroom, 2-bathroom home built in 1943 and renovated in 2021 with 2023 taxes of $1,619.17 and annual rent of $14,400