206 FRAZIER Street Active

River Rouge,MI 48218 1062

$ 109995

- Bed

2 Baths

1885 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,885 sqft

Price per Sqft $58

Subdivision Mi

MLS Listing ID 60394011

Style 1 Story

Full Baths 2

Year Built 1961

Annual Tax Amount $1,504

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 45.00 x 100.00

Property Sub-Type Multi-Family

Property Description

Outstanding cash-flowing property! Great for investment or live in one side and rent the other to help pay your mortgage. Rare single-level duplex on quiet street. 3 bedrooms/ 1 bath each side. Unit #1 move-in ready, Unit #2 needs cosmetic rehab including some floor covering, paint, etc. Mostly hardwood floors in each unit. Home has been owned for approximately 9 years. Unit #1 tenant just moved out after 7+ years. Unit #2 tenant just moved after 9 years. Very stable occupancy! Separate utilities, owner pays water and lawn care. Police and fire very nearby. Rents were under market rates as tenants had been with home for many years. Workers have been approached many times by people wishing to rent units as soon as they became vacant! Demand is readily present!

Location

State MI

County Wayne

Area River Rouge (82144)

Zoning Multi-Family

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Asphalt

Building

Story 1 Story

Foundation Crawl

Water Public Water

Structure Type Asphalt

Schools

School District River Rouge School District

Others

Energy Description Natural Gas

Financing Cash,Conventional

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