464 Elm St

Wyandotte, MI 48192
  • $239,000

    Price
  • 4

    Bed
  • 0.1

    Acre

About the Listing 545900849477 - 81180655275022

Turnkey Two-Unit Investment -- 1,974 Sq. Ft. -- Fully Occupied, $30,480/Year in Rental Income -- Wyandotte. Own a fully occupied two-unit multifamily property with rental income already in place from day one. Both units feature 2 bedrooms and 1 full bathroom, currently rented for a combined $2,540/month ($1,320 + $1,220). Current tenants have a history of on-time rental payments. Each unit has its own furnace and water heater, plus fridge, stove, microwave, and washer/dryer. Tenants pay gas/electric; owner covers water/trash -- low landlord overhead. Private entrance, covered front porch, storage shed on-site. Walking distance to Downtown Wyandotte, restaurants, shopping, and the Detroit River. City inspection completed; seller addressing minor items. Inspection report available to interested buyers. Pre-approval/proof of funds required for showings. 24-hr notice required -- tenants occupied. Seller is a licensed Michigan real estate agent with ownership interest in the property.

Listing Highlights

Status Pending
Days on Site 37
Property Type Multi-Family
MLS ® 81026043912
Year Built 1904
Lot/Acreage 0.1
County Wayne
School District Wyandotte

Interior Details

  • Bedrooms: 4
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement: Michigan Basement
  • Other: Laundry Facility,Forced Air
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 50x90
  • Roof:
  • Others: Vinyl,Paved
  • Sewer: Sewer (Sewer-Sanitary),Sewer at Street

Financial Details

  • Tax Amount: $7,484
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 57015240014001
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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Questions About..

464 Elm St Wyandotte, MI 48192

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Originating MLS: Greater Metropolitan Association of REALTORS®

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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