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$ 284,900
Est. payment | /mo
2 Baths
1,872 SqFt
$ 284,900
Est. payment | /mo
2 Baths
1,872 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,872 sqft
Price per Sqft $152
Subdivision Wayne Highlands Sub 4-Wstlnd
MLS Listing ID 20251060517
Style Ranch
Full Baths 2
Year Built 1980
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type MultiFamily
Property Description
TURN-KEY TWO-UNIT INCOME PROPERTY IN PRIME LOCATION. WELL-MAINTAINED AND BEAUTIFULLY REMODELED TWO-UNIT PROPERTY, FULLY UPDATED AND MOVE-IN READY. EACH UNIT FEATURES 2 BEDROOMS, 1 FULL BATHROOM, AND A MODERN KITCHEN. PROPERTY SITS ON A SLAB FOUNDATION FOR LOW-MAINTENANCE OWNERSHIP. UPDATES INCLUDE: NEWER ROOF (2024), QUARTZ COUNTERTOPS IN BATHROOM VANITY AND ONE KITCHEN, NEW TILE FLOORING THROUGHOUT, AND UPDATED LIGHTING. INCOME DETAILS: ONE UNIT CURRENTLY RENTED AT $1,400/MONTH. SECOND UNIT IS SECTION 8 AT $1,169/MONTH WITH TENANT VACATING AT MONTH-END, ALLOWING OPPORTUNITY TO INCREASE RENT TO MARKET. MARKET RENTS ESTIMATED AT $1,400 PER UNIT. RENTS HAVE NOT BEEN INCREASED IN OVER 18 MONTHS, OFFERING IMMEDIATE VALUE-ADD POTENTIAL.. LOCATION HIGHLIGHTS: DIRECTLY ACROSS FROM A PARK AND POLICE STATION AND NEAR A KROGER-ANCHORED SHOPPING CENTER, PROVIDING STRONG RENTAL DEMAND AND CONVENIENCE. IDEAL FOR INVESTORS OR OWNER-OCCUPANTS SEEKING A TURN-KEY, CASH-FLOWING PROPERTY IN A DESIRABLE AREA.
Location
State MI
County Wayne
Area Area05081Westland
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation CrawlSpace
Sewer Public Sewer
Water Other
New Construction No
Schools
School District Wayne Westland
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Yes
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Listed by Ali T Charara of Century 21 Curran & Oberski