$58,000
$75,000
22.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
2,160 SqFt
SOLD DATE : 12/29/2021
Key Details
Sold Price $58,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $26
Subdivision Dearborn Acres Sub No 2
MLS Listing ID 2210063570
Sold Date 12/29/21
Style Triplex
Bedrooms 3
Full Baths 3
Originating Board Realcomp II Ltd
Year Built 1949
Annual Tax Amount $2,463
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35.00X129.50
Property Description
Great rental option in Inkster with this brick Triplex. 3 BR unit on ground floor, 2 BR unit upstairs and 2BR in basement unit.
Property in reasonable condition with majority of work needed on fire escape to upper unit (not to code) and basement unit needs work. Nothing on the market like this in the area, difficult to get comps if looking to flip but could give another investor still over 14% CAP rate at $140K sell. Rental return once finished could easily be over $20% NETT P/A particularly if interested in Section 8 tenants.
Location
State MI
County Wayne
Area Inkster
Zoning Multi-Family
Direction East On Beech Off Of Middlebelt, North On Irene
Rooms
Basement Finished, Walk-Up Access, Private
Interior
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Asphalt
Porch Porch - Covered, Porch
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Triplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Taylor
Others
Pets Allowed Yes
Tax ID 44009020063000
Ownership Short Sale - No,Private Owned
Assessment Amount $83
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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