$145,000
$190,000
23.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,927 SqFt
SOLD DATE : 01/17/2024
Key Details
Sold Price $145,000
Property Type Multi-Family
Sub Type Bungalow
Listing Status Sold
Purchase Type For Sale
Square Footage 1,927 sqft
Price per Sqft $75
Subdivision Bliss
MLS Listing ID 20230086085
Sold Date 01/17/24
Style Bungalow
Bedrooms 3
Full Baths 3
Originating Board Realcomp II Ltd
Year Built 1927
Annual Tax Amount $3,382
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions 107.90 x 167.50
Property Description
This is the investment opportunity with multiple income streams for which you have been waiting. All of the units are currently rented and have all the city certifications on file. You will find one 2 bed/1 bath unit and two, 1 bed/1 bath units on the premises, as well as a garage, and an oversized yard. With a rent roll of $2,045 this property will cash from immediately for any buyer. Additionally, this large parcel has a split available allowing the northern section to be developed or sold, further enhancing the financial value of the property. The seller is offering a second property, MLS#: 20230085514, and would negotiate a deal to secure both for a new owner. As all units are occupied, all showings and inspections will be scheduled after there is an accepted purchase agreement.
Location
State MI
County Macomb
Area Mount Clemens
Zoning Multi-Family
Direction From 59 head south on Groesbeck Hwy. Turn left on Hubbard Street. The home is on the northeast corner of Hubbard Street & Highland St.
Interior
Interior Features Smoke Alarm, 100 Amp Service, Carbon Monoxide Alarm(s), Circuit Breakers
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air, Window Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Garage Spaces 2.0
Waterfront no
Roof Type ENERGY STAR® Shingles
Porch Deck
Road Frontage Paved
Garage yes
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Bungalow
Level or Stories 1 1/2 Story
Structure Type Asphalt
Schools
School District Mount Clemens
Others
Pets Allowed Yes
Tax ID 1111307008
Ownership Short Sale - No,Private Owned
Assessment Amount $420
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Sine & Monaghan Realtors LLC St Clair
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Managing Partner | License ID: 6506046014
280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States