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$159,000
Est. payment /mo
2 Baths
5,662 Sqft Lot
UPDATED:
11/17/2024 06:25 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Eastpointe City
Subdivision Eastpointe City
MLS Listing ID 20240085472
Originating Board Realcomp
Year Built 1930
Annual Tax Amount $2,397
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 37.00 x 150.00
Property Description
Investors looking for an income-generating property with Tenants in place. Wood floors throughout. One bedroom upper unit collects $890 cash. Three bedroom lower unit collects $900/month Section 8 and single tenant has been in place since 2017. Lower unit can be rented for increased cash or Section 8 once short lease expires and can collect approximately $1300/month from Section 8. Recent work in 2024 done includes: upper unit bathroom refreshed with new vanity and tub surround, upper unit furnace serviced, backyard soil levelled, front and backyard roof overhangs replaced. Large backyard with large cement pour for multiple vehicle parking. Two car garage. Basement walls solid with no water problems. Appliances including washer and dryer in basement included. Upper unit has sun porch. Agent-owned. Owner will consider land contract terms with 30% down.Please call to schedule a showing.
Location
State MI
County Macomb
Area Macomb County - 50
Zoning Multi-Family
Direction Gratiot Avenue North turn left onto Crescentwood Avenue turn left onto Maplewood Avenue.
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Aluminum Siding
Others
Tax ID 1431154014
Acceptable Financing Cash, Conventional, FHA, Contract, VA Loan
Listing Terms Cash, Conventional, FHA, Contract, VA Loan
Special Listing Condition {"Other":true}
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Listed by Braven Enterprises LLC