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Additional details
$ 239,000
Est. payment /mo
New
464 Elm ST Wyandotte City, MI 48192
1,974 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,974 sqft
Price per Sqft $121
MLS Listing ID 81026043912
Year Built 1904
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type MultiFamily
Property Description
Turnkey Two-Unit Investment -- 1,974 Sq. Ft. -- Fully Occupied, $30,480/Year in Rental Income -- Wyandotte. Own a fully occupied two-unit multifamily property with rental income already in place from day one. Both units feature 2 bedrooms and 1 full bathroom, currently rented for a combined $2,540/month ($1,320 + $1,220). Current tenants have a history of on-time rental payments. Each unit has its own furnace and water heater, plus fridge, stove, microwave, and washer/dryer. Tenants pay gas/electric; owner covers water/trash -- low landlord overhead. Private entrance, covered front porch, storage shed on-site. Walking distance to Downtown Wyandotte, restaurants, shopping, and the Detroit River. City inspection completed; seller addressing minor items. Inspection report available to interested buyers. Pre-approval/proof of funds required for showings. 24-hr notice required -- tenants occupied. Seller is a licensed Michigan real estate agent with ownership interest in the property.
Location
State MI
County Wayne
Area Area05147Wyandotte
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Laundry InUnit
Exterior
Utilities Available NaturalGasConnected, SewerConnected
View Y/N No
Building
Foundation MichiganBasement
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Wyandotte
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Armita Kyani of Keller Williams Ann Arbor Mrkt
NEARBY SCHOOLS & PROPERTIES
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