$40,000
$55,000
27.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,428 SqFt
SOLD DATE : 12/22/2023
Key Details
Sold Price $40,000
Property Type Single Family Home
Sub Type Bungalow
Listing Status Sold
Purchase Type For Sale
Square Footage 1,428 sqft
Price per Sqft $28
Subdivision Chas. A. Visgers Sub
MLS Listing ID 20230088718
Sold Date 12/22/23
Style Bungalow
Bedrooms 4
Full Baths 2
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1920
Annual Tax Amount $2,501
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 60.00 x 108.00
Property Description
This 2-unit fixer-upper investment opportunity in River Rouge presents a promising venture for potential buyers. Property Arv= is around 150k, or you can lease out both units for Cash Flow. Land Contract Available at 30k down and 36 month term, 0% Interest. The property comprises two units, each offering two bedrooms and a full bathroom, accompanied by individual kitchens. With a total of four bedrooms and two full baths, this property is ideal for potential renovations to enhance its market value. Investors have the potential to refurbish and modernize the units, maximizing their appeal to tenants or future buyers, thereby establishing a profitable investment in a burgeoning real estate market. Seller Selling AS-IS
Location
State MI
County Wayne
Area River Rouge
Direction Driving down W Jefferson Ave make a left on E Great lakes Ave, then make a right two blocks after on Perrin st.
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Description No Garage
Pool No
Waterfront no
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer 3rd Party Unknown
Water Public (Municipal)
Architectural Style Bungalow
Warranty No
Level or Stories 2 Story
Structure Type Vinyl
Schools
School District River Rouge
Others
Tax ID 50004150096000
Ownership Short Sale - No,Private Owned
Assessment Amount $238
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Financing Cash,Contract,Conventional
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Bought with 3DX Real Estate LLC