$325,000
$349,900
7.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,958 SqFt
SOLD DATE : 10/04/2024
Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,958 sqft
Price per Sqft $165
Subdivision Hazel Park Sub
MLS Listing ID 20240054247
Sold Date 10/04/24
Style Colonial
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1920
Annual Tax Amount $1,949
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40x111
Property Description
This fully remodeled and modernized duplex is a prime investment opportunity that promises excellent cash flow. Situated in a desirable neighborhood, the property boasts contemporary finishes and thoughtful upgrades that appeal to discerning tenants. Each unit features an open-concept living area, adorned with luxury engineered plank flooring, recessed lighting, and large windows that flood the space with natural light. The kitchens are equipped with high-end stainless steel appliances, quartz countertops, and sleek, custom cabinetry, making them both stylish and functional. The modern bathrooms are designed with chic tile work, modern vanities, and high-quality fixtures, providing a spa-like experience. Both units offer ample storage space, including built-ins and additional storage area in the lower level. The duplex also includes energy-efficient systems, such as new HVAC units, smart thermostats, and energy-saving windows, which reduce utility costs and increase overall tenant satisfaction. Outside, the property features well-maintained landscaping and a private backyard for each unit, ideal for outdoor relaxation or entertaining. Off-street parking and dedicated parking spaces add to the convenience and security for tenants. With its prime location close to shopping, dining, and highway, this duplex attracts a steady stream of potential renters, ensuring minimal vacancy rates. This investment not only provides great cash flow but also promises long-term value appreciation due to the quality of the remodel and the strategic location. The combination of modern amenities, efficient systems, and attractive design makes this duplex a sought-after rental property, delivering consistent and profitable returns.
Location
State MI
County Oakland
Area Hazel Park
Zoning Residential
Direction Head South on John R Rd Till you pass E 9 Mile Rd. and it's the 3rd street on your left.
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Waterfront no
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Vinyl
Schools
School District Hazel Park
Others
Pets Allowed Yes
Tax ID 2536155012
Ownership Short Sale - No,Private Owned
Assessment Amount $307
Acceptable Financing Cash, Conventional
Rebuilt Year 2024
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2024 Realcomp II Ltd. Shareholders
Bought with RE/MAX Dream Properties
GET MORE INFORMATION
Managing Partner | License ID: 6506046014
280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States