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$ 290,000
Est. payment | /mo
3 Baths
9,147 Sqft Lot
$ 290,000
Est. payment | /mo
3 Baths
9,147 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Coming Soon
Purchase Type For Sale
Municipality Eastpointe City
Subdivision Eastpointe City
MLS Listing ID 20261045429
Year Built 1938
Annual Tax Amount $6,732
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 40X225
Source Realcomp
Property Description
Rare 3 unit apartment building investment opportunity in Eastpointe! Offering the chance to generate passive income or "house hack" by living in one unit while renting out the other two to help offset your mortgage and expenses. This well-maintained 3-unit property offers strong income potential, with projected monthly rents totaling $2,850.The first-floor unit features 2 bedrooms and 1 full bathroom, complete with a brand new kitchen and updated bathroom. Upstairs, the 1-bedroom, 1-bath unit also boasts updated kitchen and bathroom finishes. These units also have all new flooring, paint, & window shades. The studio unit is currently tenant-occupied at $800 per month, providing immediate income. Thoughtfully maintained throughout, the property includes replacement windows, a new water heater, separate electrical service with circuit breakers for each unit, and common laundry facilities in the basement. The building is serviced by one furnace. Outside, you'll find a generously sized lot with three off-street parking spaces. Perfect for both owner-occupants and investors, this clean, well-kept property is full of potential! Showings are available for the two vacant units only, with access to the occupied studio unit provided upon an accepted offer.
Location
State MI
County Macomb
Zoning Residential
Direction Between Stephens Rd & E 9 Mile Rd
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Aluminum Siding,Brick
Others
Tax ID 1325479034
Acceptable Financing Cash, FHA, VA Loan
Listing Terms Cash, FHA, VA Loan
Listed by Jim Saros Real Estate Services
Schools and Properties Nearby