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3346 Irene Street Inkster, MI 48141 2125
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Key Details
Sold Price $58,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $26
Subdivision Mi
MLS Listing ID 40209409
Sold Date 12/29/21
Style 2 Story
Full Baths 3
Year Built 1949
Annual Tax Amount $2,463
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35.00X129.50
Property Description
Great rental option in Inkster with this brick Triplex. 3 BR unit on ground floor, 2 BR unit upstairs and 2BR in basement unit. Property in reasonable condition with majority of work needed on fire escape to upper unit (not to code) and basement unit needs work. Nothing on the market like this in the area, difficult to get comps if looking to flip but could give another investor still over 14% CAP rate at $140K sell. Rental return once finished could easily be over $20% NETT P/A particularly if interested in Section 8 tenants.
Location
State MI
County Wayne
Area Inkster (82080)
Zoning Multi-Family
Rooms
Basement Block, Finished, Outside Entrance
Interior
Heating Forced Air
Exterior
Exterior Feature Brick
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Taylor School District
Others
Ownership Private
Assessment Amount $83
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Bought with LPS
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