$202,000
$209,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
7 Baths
3,920 Sqft Lot
SOLD DATE : 11/07/2024
Key Details
Sold Price $202,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality River Rouge City
Subdivision River Rouge City
MLS Listing ID 20240025229
Sold Date 11/07/24
HOA Y/N true
Originating Board Realcomp
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 Wayne County - 100
Zoning Multi-Family
Direction Jefferson To Cicotte
Interior
Heating Baseboard, Hot Water, Radiant
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Sewer Public
Water Public
Structure Type Vinyl Siding
Others
Tax ID 50007110018000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "