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19723-19721 MOROSS Road Grosse Pointe, MI 48224 1118
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Key Details
Sold Price $70,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,688 sqft
Price per Sqft $41
Subdivision Mi
MLS Listing ID 60186721
Sold Date 02/06/23
Style 1 Story
Full Baths 2
Year Built 1942
Annual Tax Amount $1,252
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 36.00 x 90.00
Property Sub-Type Multi-Family
Property Description
Great investment opportunity in Detroit near Grosse Pointe. This 4-bedroom duplex is perfect for investors looking for cash flow. Both units are for sale and currently rented, with one unit bringing in $675 and the other $625/month. Market rent for the area is around $850-$900, providing room for a potential rental increase. Tenants are on month-to-month leases, providing flexibility for new ownership. Must have an accepted offer to have showings due to the tenant Contact agent for more private photos
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 1 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $240
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Bought with LPS