$176,000
$174,900
0.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,920 SqFt
SOLD DATE : 06/25/2024
Key Details
Sold Price $176,000
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $91
Subdivision Penn Park Sub
MLS Listing ID 20240016954
Sold Date 06/25/24
Style Colonial
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1924
Annual Tax Amount $3,213
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35.00 x 105.70
Property Description
Highest & Best Offers Due by 6 pm April 2nd
Great Investment Opportunity! Discover the perfect blend of comfort, convenience, and investment potential with this charming duplex. This unique offering is ideal for both investors and homebuyers, featuring two units, each with 2 bedrooms and 1 bathroom. These arrangements ensure ample space and privacy for occupants, making it an attractive proposition for a variety of needs. Adding to the convenience is a shared laundry facility in the basement, Showcasing substantial cash flow opportunities coupled with long-term value appreciation prospects. This duplex represents more than just a home; it's a smart investment into your future. The unique setup allows for an owner-occupant to reside in one unit while enjoying the financial benefits generated by the income from the tenant. This can significantly offset mortgage payments, essentially allowing you to live for free while building equity in your investment. Capitalize on the financial benefits this property offers. All measurements are approximate. Have buyers agent verify. Please take off shoes or use shoe coverings. Thank you for showing! Excludes curtains and curtain rods. Contingent on Seller finding home of choice.
Location
State MI
County Wayne
Area Melvindale
Zoning Multi-Family
Direction 75 North to Detroit Take exit 40 for Dix Hwy toward London Ave Turn right onto David St
Rooms
Basement Unfinished
Interior
Interior Features Circuit Breakers, Laundry Facility
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Exterior Feature Awning/Overhang(s), Lighting, Fenced
Garage Spaces 2.0
Waterfront no
Porch Balcony, Porch - Covered, Porch
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Asphalt,Brick,Vinyl
Schools
School District Melvindale Allen Pk
Others
Pets Allowed Yes
Tax ID 47003020189000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional, FHA, VA
Rebuilt Year 2000
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States