71 E GREAT LAKES Street new

River Rouge,MI 48218 1585

$ 795000

- Bed

10 Baths

7650 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,650 sqft

Price per Sqft $103

Subdivision Mi

MLS Listing ID 60392289

Full Baths 10

Year Built 1940

Annual Tax Amount $9,460

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 45.00 x 127.60

Property Sub-Type Multi-Family

Property Description

Fully Remodeled in 2017/2018 with all permits. (See interior photos!) Property has 10 units, all 1 bedroom units where the tenants pay for their own gas & Electric with DTE (Each unit is individually metered). All tenants are on month to month agreements and aware of sale and potential rental increases. Maintenance should be normal to minimal as each year we have city inspections. All the units have the same footprint (Wear and tear will be different per unit). This property is ideal for investors looking for steady income and low maintenance.

Location

State MI

County Wayne

Area River Rouge (82144)

Zoning Multi-Family

Rooms

Basement Egress/Daylight Windows,Partially Finished

Interior

Interior Features DSL Available

Fireplace No

Exterior

Exterior Feature Brick

Building

Foundation Basement

Water Community

Structure Type Brick

Schools

School District River Rouge School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

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