$172,000
$196,000
12.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
1,288 SqFt
SOLD DATE : 04/29/2024
Key Details
Sold Price $172,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,288 sqft
Price per Sqft $133
Subdivision Mi
MLS Listing ID 60297057
Sold Date 04/29/24
Style 2 Story
Full Baths 2
Year Built 1920
Annual Tax Amount $4,908
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30.00 x 100.00
Property Description
Architecture: Classic colonial style, exuding timeless charm and character. The property consists of two independent units, offering flexibility for homeowners and investors alike. Each unit includes 2 bedrooms and 1 bathroom, providing comfortable living spaces. Each unit has the potential to be rented for $1000 per month, making it a lucrative investment opportunity. Separate utility meters for each unit, ensuring ease of management for landlords and a fair distribution of costs. Classic colonial facade with a well-maintained exterior. Outdoor space for potential gardening or relaxation. Situated in the vibrant city of Hamtramck, known for its diverse community and cultural richness. Convenient access to local amenities, schools, parks, and public transportation. Ideal for investors seeking rental income or those looking to live in one unit while renting out the other. Hamtramck's growing real estate market adds to the property's long-term value. Affordable entry into homeownership with the opportunity to generate income from the second unit. Easy access to shopping, dining, and entertainment options. Conveniently located near major highways and public transportation, facilitating easy commuting. Proximity to reputable schools, making it an excellent choice for families. Don't miss out on this fantastic opportunity to own a colonial 2-unit house in the heart of Hamtramck. Whether you're a first-time homebuyer or an investor, this property offers a perfect blend of character, functionality, and income potential. Schedule a viewing today to explore the possibilities that await you!
Location
State MI
County Wayne
Area Hamtramck (82056)
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Vinyl Siding
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Schools
School District Hamtramck Public Schools
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional,FHA,VA
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Bought with LPS