Investor Special!! OCCUPIED MULTIFAMILY!! Blooming Development, Strong Block. Brick 2 unit 2 bedrooms 1 bathroom each monthly rental income $1350. Each unit rents for $650 a month. Conveniently located less than 5 miles from Downtown Detroit. Current owner has installed a NEW hot water heater, NEW furnace, NEW security doors, & NEW toilets. The roof has a lot of life left. Beautiful Refinished Hardwood floors throughout the home. Units have separate doors in the back for private entry. Fenced in backyard. Lower Unit tenant is a long-standing tenant residing in the home for more than 4 years currently on a month to month. Upstairs tenant signed a 12-month lease. Separate Utilities Tenants pay gas & electricity. Landlord currently pays water. This home would make a great addition to your investment portfolio. Turn Key rental property. Buyer pays $495 transaction fee.
MLS# | 219001968 |
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Sub-Type | Resale |
Status | Active |
Year | 1915 |
Days On Site | 47 |
SQ Feet | 2,274 |
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Building(s) | 1 |
Area Information | |
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State | MI |
County | Wayne |
City | Detroit |
Zip Code | 48204 |
Area | Det South Of Grand River |
Listing VS Median (in 48204) | |
Price: $70,000 low | high Med: $35,500 SqFt: 2,274 low | high Med: 1,974 $ / SqFt: $31 low | high Med: $21 On Site: 47 low | high Med: 80 |