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Erica Welch

streetrockmgmt@gmail.com +1(313) 306-9035

$212,000

Est. payment - /mo

2,600 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $81

MLS Listing ID 81026057992

Year Built 1926

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type MultiFamily

Property Description

3 Unit Property is ready & equipped to produce multiple streams of income! $2,800-$2,850 per month, a rare 1.34% (or higher) rent-to-value ratio, Current Taxes are $100 per month! Located in one Of Detroit's most Stable Rental Corridors.* Attention House Hackers * 3-bedroom main floor & 2 x 1 Bedroom Units Up, Major Recent Renovations done in the last 2 years, from the new Roof inc. new wood underlayment, to Basement and all 3 Units, Beautiful/Durable Hardwood Oak Floors Throughout, Newly Updated Kitchens w/Expansive Cabinetry & Corian Counters in 2 of 3 units, Solid Ceramic Baths w/newer fixtures in all 3 Units, 3 Gas & electric meters, UPDATED: all 3 Furnaces, 3 Hot Water Heaters Plumbing & Electric Panels & Wiring, Windows, Doors, Basement features 3 separate laudry tub hook ups, could be used by all 3 tenants inc. storage cages or option to keep it separate... a solid home & a solid investment *Grants available* from $7,500, $10,000 & $25,000 for qualified buyers CALL FOR DETAILS

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Fireplace No

Laundry InBasement, SeeRemarks

Exterior

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected

View Y/N No

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Acceptable Financing Cash, Conventional, FHA, MSHDA, VaLoan

Listing Terms Cash, Conventional, FHA, MSHDA, VaLoan

Virtual Tour https://www.youtube.com/embed/nl-c_8LdPNc?si=VZ43spcqYnL7z2mA

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Listed by John Wallen of Michigan Dream Homes, LLC

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Erica Welch

+1(313) 306-9035

Assistant Property Manager License ID: 384385

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3742 W Grand ST Detroit City, MI 48238

Erica Welch

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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