$141,000
$150,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
1,426 SqFt
SOLD DATE : 12/15/2023
Key Details
Sold Price $141,000
Property Type Multi-Family
Sub Type Colonial,Duplex,Tudor
Listing Status Sold
Purchase Type For Sale
Square Footage 1,426 sqft
Price per Sqft $98
Subdivision Woodward Estates
MLS Listing ID 57050119861
Sold Date 12/15/23
Style Colonial,Duplex,Tudor
Full Baths 2
Originating Board Southeastern Border Association of REALTORS®
Year Built 1920
Annual Tax Amount $1,682
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 90 x 125
Property Description
Ready to be a home owner and a landlord? This is your turn key opportunity! Yes, live on one side and rent out the other. Upper and Lower Units: 2 bedrooms and 1 bath. Your new duplex is a historical gem maintained to last. Located close to the auto enthusiast destination, the M1 Concourse, close to St. Joseph's Mercy Oakland Hospital creates opportunities for short term rentals abundant. Both units are Section 8 approved with rents paying $1,100 a month; total yearly income of $26,400. City Rental Cert is current. ~ Home could be converted to 4 bedroom, 2 bath single family. Options are endless on this double lot. Fresh paint and light fixtures in the lower unit and boasts with open spaces. Upstairs shines with a new kitchen, new flooring and paint throughout. Bathroom refreshed with new shower fixtures, plumbing and flooring. All lighting is new, switches and plugs have been replaced throughout. New flooring in bedroom and durable hardwood throughout. Both furnaces are newer (1 this year), new hot water tank, plumbing lines have been replaced with pex. New main water line/meter from the street, main sewer line sleeved and a new clean out! Separate gas, water & electric meters. Windows are in good shape, completely new roof, including plywood and gutters in 2021! Recent masonry repairs to ensure this property will last. Move right in or use the 1% rule to make this an easy choice for your investment.
Location
State MI
County Oakland
Area Pontiac
Zoning Residential
Interior
Interior Features High Spd Internet Avail
Hot Water Natural Gas
Heating Forced Air, Separate Meters
Cooling Ceiling Fan(s)
Fireplace no
Heat Source Natural Gas
Exterior
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial, Duplex, Tudor
Level or Stories 2 Story
Structure Type Aluminum,Brick
Schools
School District Pontiac
Others
Pets Allowed Yes
Tax ID 1904129006
Ownership Corporate/Relocation,Short Sale - No
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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