$312,000
$320,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Baths
5,000 SqFt
SOLD DATE : 01/09/2023
Key Details
Sold Price $312,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $62
Subdivision East Park Manor Sub No 3
MLS Listing ID 58050086339
Sold Date 01/09/23
Full Baths 4
Originating Board MiRealSource
Year Built 1941
Annual Tax Amount $3,395
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 45x114
Property Description
Photo shown is one of 4 single family homes for sale in this package of rental properties. All 4 are tenant occupied & cash flowing. Three of the tenants are long term. Cap rate is strong, 10.7%, will be higher with rent increases due on 3 of these properties. All 4 homes are city certified and have COC! This is turnkey cashflow right here!!
Location
State MI
County Wayne
Area Harper Woods
Interior
Heating Forced Air, Separate Meters
Heat Source Natural Gas
Exterior
Pool No
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Schools
School District Harper Woods
Others
Pets Allowed Yes
Tax ID 42002011675000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with EXP Realty LLC
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