$61,000
$64,900
6.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
2,068 SqFt
SOLD DATE : 10/15/2020
Key Details
Sold Price $61,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,068 sqft
Price per Sqft $29
Subdivision West Dearborn Sub
MLS Listing ID 2200005158
Sold Date 10/15/20
Style Duplex
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1961
Annual Tax Amount $4,038
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 56.70X110.00
Property Description
Multi family Duplex investment with great tenants inside! 2 units in Inkster near Dearborn and Dearborn heights, Centrally located between all major cities in Wayne county, Near the business district of Inkster. 17.5% return on investment with minimal maintenance, as the tenant pays all utilities. See a gross return in less than 6 years while retaining market value on this duplex with 2 units both identical with 2 beds and 1 bath 1,020 square feet with a full basement. Separate furnaces, hot water tanks, water meters, electric and sump pumps. New hot water tank for one unit with 6 year warranty on tank and repairs. Please do not disturb tenants. Call today!
Location
State MI
County Wayne
Area Inkster
Zoning Multi-Family
Direction Off Michigan ave, go south on Harrison, east on Cherry street
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Waterfront no
Road Frontage Private
Garage no
Building
Foundation Basement
Sewer Sewer at Street
Water Municipal Water
Architectural Style Duplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Taylor
Others
Pets Allowed Yes
Tax ID 44010010092000
Ownership Private Owned,Short Sale - No
Assessment Amount $1,970
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with EXP Realty LLC
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Managing Partner | License ID: 6506046014
280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States