$376,000
$350,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
4.5 Baths
2,099 SqFt
SOLD DATE : 07/31/2023
Key Details
Sold Price $376,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,099 sqft
Price per Sqft $179
Subdivision Grennaia Park Sub
MLS Listing ID 20230028085
Sold Date 07/31/23
Style Triplex
Bedrooms 3
Full Baths 4
Half Baths 1
Originating Board Realcomp II Ltd
Year Built 1939
Annual Tax Amount $6,610
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 90.00 x 125.80
Property Description
HIGHEST & BEST SUNDAY 7/2 AT 5PM. Back on market- buyer financing fell through week of closing. Rare cash flowing investment opportunity in highly sought after community, conveniently located across from the Livonia Recreation Center. This large 3-unit property is fully occupied with great tenants, with a unit to be emptied upon sale as it is owner occupied. Rent out all 3 units to generate great cash flow or rent out 2 and live in one unit to reduce owner expenses. Utilities separately metered for gas and electric, owner pays water. Unit 1: large 2BR 2BA, Unit 2: Spacious 1BR 1BA, Unit 3: Cozy Remodeled 1BR 1 BA. All units have private entrances. Each unit has their own washer and dryer. Large backyard with oversized detached garage with possibilities to turn into a 4th unit ADU. 2 driveways provides ample specified parking for tenants. Roof has new vents, soffits, insulation, and gutter guards (2021). Unit 3 has brand new Mini Split heating and cooling unit (2022). Updated Appliances by Unit past 2 yrs:
1: Hot Water Tank, Dishwasher, Washer, Dryer, toilet
2: Furnace (2023), Dishwasher
3: Mini Split heating & cooling unit, Dishwasher, Stove/Oven, Hot Water Tank, Freshly Remodeled.
Very competitive price for a cash flowing rental - will not last long!
Please respect all tenants and owner rights, do not disturb. Speak to agent regarding questions about property. Agent related to owner.
Location
State MI
County Wayne
Area Livonia
Zoning Multi-Family
Direction 5 Mile To South Bound Hubbard, House Is On The West Side, Across The Street From The Livonia Rec Center
Rooms
Basement Daylight, Finished, Private
Interior
Interior Features Smoke Alarm, Cable Available, Carbon Monoxide Alarm(s), Circuit Breakers, Laundry Facility
Heating Forced Air, Separate Meters, Zoned
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Exterior Feature Lighting, Private Entry
Garage Spaces 4.0
Waterfront no
Roof Type Asphalt
Porch Patio, Porch
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Triplex
Level or Stories 3 Story
Structure Type Aluminum
Schools
School District Livonia
Others
Pets Allowed Yes
Tax ID 46086990021000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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