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$ 229,999
2 Baths
1,650 SqFt
$ 229,999
2 Baths
1,650 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Square Footage 1,650 sqft
Subdivision Corliss & Andruss Sub
MLS Listing ID 20230062614
Style Colonial,Duplex
Full Baths 2
Year Built 1917
Property Sub-Type MultiFamily
Property Description
Exciting investment opportunity to acquire a 2 unit apartment building located in Hamtramyck, one of Metro Detroit's fastest growing sub-markets! Well cared for building with numerous big ticket updates. Upper and lower 3 Bedroom apartments with separate utilities paid for by tenants. Open concept kitchens. Efficient unit layouts ideal for today's tenant living standards. Lower apartment currently leased at $1000/ month and upper leased at 1075 a month. Both units rented at great lease rates making this a turnkey cash flowing investment property! One unit lease ends at the end of August offering an owner occupant option. Live in one and have the other pay for carrying costs. DO NOT DISTURB TENANT. PROPERTY TOURS BY APPOINTMENT ONLY
Location
State MI
County Wayne
Area Area05056Hamtramck
Rooms
Basement Unfinished
Interior
Heating ForcedAir, NaturalGas
Exterior
Pool None
View Y/N No
Building
Foundation Basement, BrickMortar
Sewer SewerAtStreet
Water WateratStreet
Schools
School District Hamtramck
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
Special Listing Condition ShortSaleNo, Standard
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Listed by Spencer Ray of Jim Saros Real Estate Services