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Key Details
Sold Price $130,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,354 sqft
Price per Sqft $96
Subdivision Mi
MLS Listing ID 60340118
Sold Date 12/31/24
Style 1 Story
Full Baths 2
Year Built 1925
Annual Tax Amount $1,437
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 56.00 x 135.00
Property Description
Great Buy and Hold or easy flip opportunity. Currently occupied by long term tenants and has potential monthly income of $1700. The building is in great shape. Needs some minor work on the outside (paint, landscaping, could use a garage). Inside finishes and condition are great. Can be converted to a SFR for $20,000 - $25,000 in Rehab Costs (Enclose Stairwell or add one inside, convert upper kitchenette into bedroom, Paint and Minor Interior Finishes) ARV on SFR for this Sq Footage in the same neighborhood is $270K. BATVAI
Location
State MI
County Macomb
Area New Haven (50016)
Zoning Multi-Family
Rooms
Basement Poured
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Vinyl Siding
Building
Story 1 Story
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Schools
School District New Haven Community Schools
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Land Contract
Listing Terms Land Contract
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with LPS