14
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$109,995
Est. payment /mo
2 Baths
1,885 SqFt
Price Dropped by $5K
206 FRAZIER Street River Rouge, MI 48218 1062
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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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Listed by Key Realty