$146,900
$164,900
10.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
2,436 SqFt
SOLD DATE : 02/13/2024
Key Details
Sold Price $146,900
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,436 sqft
Price per Sqft $60
Subdivision Ferndale Ave Sub (Plats)
MLS Listing ID 20240004043
Sold Date 02/13/24
Style Duplex
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1924
Annual Tax Amount $3,950
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 33.00 x 110.00
Property Description
**OPPORTUNITY** This 2-unit multi-family is ready to be turned into a cash-cow rental property or it could be the perfect house-hacking property for you! The units each feature 3 bedrooms, a living room, dining room, a full bathroom, and a spacious kitchen! The upper unit was recently remodeled, with fresh paint, beautifully refinished hardwood floors, a new kitchen, and new light fixtures! The lower unit also features a recently updated kitchen. The property also has a significant number of vinyl windows, 100amp circuit breaker panels, gorgeous original wood trim throughout the property, a large basement, alley access to the back yard, and much more! With Section 8 rents for a 3 bedroom unit going for as high as $1,350/unit, you can cash-flow this property for years to come! Located less than a mile from the new Gordie Howe bridge connecting the US and Canada and in the Southwest Detroit Strategic Neighborhood Fund area, which has already seen 10s of millions of investment with more to come!
Location
State MI
County Wayne
Area Det South Of Grand River
Zoning Residential
Direction From Vernor turn South on Central
Rooms
Basement Unfinished
Interior
Interior Features 100 Amp Service, Cable Available, Circuit Breakers
Hot Water Natural Gas
Heating Forced Air, Separate Meters, Steam
Fireplace no
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Asphalt
Porch Porch - Covered, Porch, Terrace
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Architectural Style Duplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W20I004985S
Ownership Short Sale - No,Private Owned
Assessment Amount $340
Acceptable Financing Cash, Conventional, Warranty Deed
Listing Terms Cash, Conventional, Warranty Deed
Financing Cash,Conventional,Warranty Deed
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Bought with EXP Realty LLC
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280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States