$202,000
$209,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
7 Baths
2,744 SqFt
SOLD DATE : 11/07/2024
Key Details
Sold Price $202,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,744 sqft
Price per Sqft $73
Subdivision Mi
MLS Listing ID 60302318
Sold Date 11/07/24
Style 2 Story
Full Baths 7
Year Built 1920
Annual Tax Amount $7,347
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40.00 x 100.00
Property Description
Attention Investors! This prime 7-unit multifamily property is now on the market! The complex features one 2-bed, 1-bath unit and six 1-bed, 1-bath units. Recently remodeled and improved, six units are currently occupied by long-term tenants, while one unit is vacant and ready for rent. Unit 1 will be vacant at the end of September. The current gross monthly rent stands at 4,250, with the potential to increase to 5,000 by renting out the vacant unit for 750. This property offers substantial cash flow potential. For inquiries, please call today!
Location
State MI
County Wayne
Area River Rouge (82144)
Zoning Multi-Family
Rooms
Basement Block, Common
Interior
Heating Baseboard, Hot Water, Radiant
Fireplace No
Exterior
Exterior Feature Vinyl Siding
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Schools
School District River Rouge School District
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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