$122,000
$120,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,176 SqFt
SOLD DATE : 09/29/2023
Key Details
Sold Price $122,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,176 sqft
Price per Sqft $103
Subdivision Don M. Dickensons Addition
MLS Listing ID 20230072679
Sold Date 09/29/23
Style Duplex
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1945
Annual Tax Amount $2,704
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60.00 x 125.00
Property Description
Cash-Flowing Side-by-Side Duplex on a Large Lot. Each side features one bedroom. Gross rents amount to $1700/month! Tenants are responsible for all utilities, lawn care, and snow removal. Separate meters are in place for each unit's utilities.
One side currently has a long-term month-to-month tenant paying $800/mo. The other side, recently signed onto a one-year lease, rents at $900/month. All city certifications are up to date. This property represents the ideal low-maintenance asset for any portfolio that meets the 1% rule with ease!
Location
State MI
County Macomb
Area Mount Clemens
Zoning Multi-Family
Direction N of S RIVER RD / W of AVERY ST
Interior
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Waterfront no
Porch Porch
Road Frontage Paved
Garage no
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex
Level or Stories 1 Story
Structure Type Vinyl
Schools
School District Mount Clemens
Others
Pets Allowed Yes
Tax ID 1113155027
Ownership Broker/Agent Owned,Short Sale - No
Assessment Amount $280
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States