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$89,995
Est. payment /mo
4 Baths
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Coming Soon
Purchase Type For Sale
Municipality River Rouge City
Subdivision River Rouge City
MLS Listing ID 20251052348
HOA Y/N true
Year Built 1961
Annual Tax Amount $1,541
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 45X100
Source Realcomp
Property Description
Outstanding investment property! Great for investment purposes or live in one side and rent the other to help pay your mortgage. Home has been a cash machine for years! Rare single-level duplex on quiet street, super close to police and fire. 3 bedrooms/ 1 bath each side. Unit #1 virtually move-in ready. Unit #2 needs cosmetic rehab including some floor covering, paint, etc. Mostly hardwood floors in each unit. Home has been owned for approximately 9 years. Unit #1 tenant just moved out after 7+ years. Unit #2 tenant just moved after 9 years. Very stable occupancy! Separate utilities, owner pays water and lawn care. Rents were under market rates as tenants had been with home for many years.Workers have been approached many times by people wishing to rent units as soon as they became vacant! Demand is readily present!Rent increase to $1600.00-1700.00/month (for both units rented) very possible!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction FROM I-75 HEADING SOUTHEAST ON COOLIDGE, TURN LEFT (NORTH) ONTO FRAZIER STREET. HOME WILL BE ON LEFT ACROSS FROM FOOTBALL FIELD.
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Schools
School District River Rouge
Others
Tax ID 50008140057002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition {"Other":true}
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Listed by Key Realty - Monroe
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