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$239,000
Listing Price--beds
2baths
1,974sqft
4,356sqft lot
464 Elm St, Wyandotte, MI 48192
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Pending
Off Market
Home type
Price / sqft
Year built
Home Details
Turnkey Two-Unit Investment - 1,974 Sq. Ft. - Fully Occupied, $30,480/Year in Rental Income - Wyandotte. Own a fully occupied two-unit multifamily property with rental income already in place from day one. Both units feature 2 bedrooms and 1 full bathroom, currently rented for a combined $2,540/month ($1,320 + $1,220). Current tenants have a history of on-time rental payments. Each unit has its own furnace and water heater, plus fridge, stove, microwave, and washer/dryer. Tenants pay gas/electric; owner covers water/trash - low landlord overhead. Private entrance, covered front porch, storage shed on-site. Walking distance to Downtown Wyandotte, restaurants, shopping, and the Detroit River. City inspection completed; seller addressing minor items. Inspection report available to interested buyers. Pre-approval/proof of funds required for showings. 24-hr notice required - tenants occupied. Seller is a licensed Michigan real estate agent with ownership interest in the property.
Interior Details
1974
N/A
2
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Basement (unspecified)
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
4356
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2018
$3,908
$0
$0
--%
$70,700
2019
$4,001
$0
$0
--%
$62,800
2018
$3,908
$0
$0
--%
$53,500
2017
$3,827
$0
$0
--%
$52,400
2016
$3,135
$0
$0
--%
$48,100
2014
$2,990
$0
$0
--%
$41,600
2013
$2,905
$0
$0
--%
$40,900
2012
$2,759
$0
$0
--%
$40,589
Average Home Price in 48192
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