MLS Public Remarks This great property presents an exceptional investment opportunity. Consisting of three individual units, each with one bedroom and one bath, this property offers both functionality and privacy. Each unit boasts a private entrance and a charming porch, providing a welcoming and personal touch for residents.
The convenience of having laundry hookups in each unit ensures a comfortable living experience for tenants. Additionally, the property offers the advantage of private basements for each unit, allowing for ample storage space, while also providing shared access to an outdoor shed, catering to residents' various storage needs.
Water is included, alleviating a common concern for tenants and simplifying the rental process. Furthermore, all units are currently tenant occupied, ensuring immediate rental income for potential investors.
The property features several noteworthy updates, including a new roof in 2009, adding both durability and value to the investment. In 2012, new gutters were installed, further enhancing the property's maintenance and appeal. Notably, all porches, complete with steps, were renewed in 2001, offering a fresh and inviting atmosphere.
This investment property holds immense potential for both seasoned investors and newcomers to the real estate market.
http://www.www.maxbroock.com.com/20230037727
Township Lincoln Park
Directions N of Southfield and East of Fort
Fin Below Grd SqFt 0
Total Fin SqFt 2,250
Price/SqFt $93
Unfinished SqFt 0
Above Grade Finished SqFt 2,250
CDOM 12
Sub Property Type Multifamily
Year Built 1938
Days on Market 12
Land Assessment -
Improvements $209000
Net Taxes $2917
Acreage 0.13
Taxes -
Tax Year -
Summer Taxes $2488
School District Lincoln Park
Winter Taxes $429
Subdivision Elmwood Park Sub
Lower Level Square Footage 0
Waterview N
Number of Units 3
Waterfront N
For Lease/Rent N
Est. Total Acres 0.13
Lot Dimensions 55 x 105
WaterFrontage
0
Heating Forced Air, Natural Gas
Cooling Wall Unit(s)
Water Public (Municipal)
Basement Y
Heating Forced Air, Natural Gas
Garage 0.0
Architecture 1 Story
Basement details Private, Unfinished
Sewer Public Sewer (Sewer-Sanitary)
Parking Desc On Street
Exterior Features Private Entry
Home Style Ranch
Possession At Close
Exterior Materials Brick
Status Change Date 07/06/2023
Listing Date 05/18/2023
Internet/IDX Y
Pending Date 05/28/2023
Named Exceptions Y
Listing Office
Exp Realty Llc
Office Address
40020 W 12 Mile Rd
Listing Number
20230037727
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Wednesday, May 15, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.