Excellent investment opportunity! This package includes one building with two units with long-term tenants and consistent rental income. Current rents provide an opportunity for future increases, allowing for additional upside. Both units feature newer dimensional roofs, full basements, private fenced backyards, and their own detached garages. Conveniently located near Kelly… Read More Road and 8 Mile, this is a solid addition to any investment portfolio with immediate cash flow and long-term potential. All units are tenant occupied. An accepted offer is required prior to viewing the interiors. Please do not visit or approach the properties without a confirmed appointment. Do not disturb the tenants. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of MVPS Realtors, [email protected], (586) 999-5153.
Listing Snapshot
Days Online
19
Last Updated
Property Type
Multifamily
Square Ft.
792
Lot Size
0.12 Acres
Year Built
1944
MLS Number
20261052174
30 Days Snapshot Of 48225
$127k
-12%
(avg) sold price
15
-44%
homes sold
49
-31%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Partially Finished, Basement?: 1
Building
2 total units, 2 leased units, 2 two-bedroom units, Built in 1944, Architectural style: Ranch, Brick, 792 total square feet, 1,192 combined square feet, 400 lower floor square feet, 720 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.12, Lot size dimensions: 40X125
Miscellaneous
Gross scheduled income: $24,900, Income projection: Actual, Monthly rental income: $2,075, Net operating income: $20,255
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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