Westland, MI
Westland, MI
Westland, MI
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$279,900
Est. payment /mo
2 Beds
1 Bath
770 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 770 sqft

Price per Sqft $363

Municipality Westland

Subdivision Westland

MLS Listing ID 20261052060

Bedrooms 2

Full Baths 1

Year Built 1962

Annual Tax Amount $3,613

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 80X110

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Excellent investment opportunity featuring two income-producing properties, all situated on a high-visibility main road in Westland. This unique offering includes a 720 sq. ft. commercial building on a slab and a 770 sq. ft., 2-bedroom, 1-bath home on a crawl space. Both the residential and commercial properties are currently leased on month-to-month agreements, generating a combined gross monthly income of $2,200 ($1,300/month for the home and $900/month for the commercial space). The commercial tenant has been established at the property for several years.The home was extensively remodeled in 2022 and features a new roof, new flooring, an updated kitchen, fresh interior paint, and a large backyard. The commercial building has an approximately 8-year-old roof and has been well maintained. Both properties are currently rental certified with the City of Westland.Whether you're looking to expand your investment portfolio, continue operating as an income-producing property, or explore future redevelopment opportunities, this property offers outstanding flexibility. The residential home could also be converted to a small professional office, such as an insurance agency, subject to buyer verification of zoning and municipal approvals.Please do not disturb the tenants or approach the property without the listing agent present. Proof of funds is required prior to scheduling an appointment.

Location

State MI

County Wayne

Direction Located on Middlebelt road between Joy and Ann Arbor Trail

Rooms

Basement Crawl Space, Slab

Interior

Heating Forced Air

Cooling Central Air

Appliance Washer, Refrigerator, Oven, Dryer

Exterior

Exterior Feature Porch(es)

View Y/N No

Roof Type Asphalt,Metal

Garage No

Building

Story 1

Sewer Public

Water Public

Structure Type Vinyl Siding

Schools

School District Livonia

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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