22049 Cushing Avenue, Eastpointe, MI 48021
22049 Cushing Avenue, Eastpointe, MI 48021
22049 Cushing Avenue, Eastpointe, MI 48021
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$145,000
Est. payment /mo
2 Baths
3,920 Sqft Lot
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Eastpointe City

Subdivision Eastpointe City

MLS Listing ID 20261063537

Year Built 1926

Annual Tax Amount $1,255

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 40X100

Source Realcomp

Property Description

Excellent income-producing opportunity at 22049 Cushing Ave! This duplex features two 1-bedroom, 1-bath units with established tenants currently in place who would like to stay. The front unit rents for $900/month and the rear unit rents for $975/month, generating a combined gross rental income of $1,875 per month or $22,500 annually. Utilities are currently included in the rent, and both tenants are on month-to-month leases, providing flexibility for the next owner.The property has benefited from several major improvements, including all-new PEX plumbing, all-new electrical, and a new sewer line to the road completed in 2020, along with a new HVAC system installed in 2022. These significant updates add tremendous value and help reduce concerns surrounding several major components of the property.With established rental income from day one and tenants interested in remaining, this is an attractive opportunity for an investor looking to add a performing multifamily property to their portfolio. Conveniently located near shopping, dining, major roadways, and everyday amenities. Don't miss this opportunity to own an income-producing duplex with substantial infrastructure improvements already completed. Schedule your showing today!

Location

State MI

County Macomb

Zoning Multi-Family

Direction S OFF 9 MILE/ E OF GRATIOT

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Cooling Central Air

Exterior

View Y/N No

Building

Water Public

Structure Type Brick

Others

Tax ID 1431233037

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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Listed by Keller Williams Realty-Great Lakes

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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Name

Phone*

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