$229,900
For Sale

2231 ANDRUS STREET

Hamtramck, MI 48212
1650 sqft | 2 baths | #20230062614
Browse 9 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Exciting investment opportunity to acquire a 2 unit apartment building located in Hamtramyck, one of Metro Detroit's fastest growing sub-markets! Well cared for building with numerous big ticket updates. Upper and lower 3 Bedroom apartments with separate utilities paid for by tenants. Open concept kitchens. Efficient unit layouts ideal for today's tenant living standards. Lower apartment currently leased at $1000/ month and upper leased at 1075 a month. Both units rented at great lease rates making this a turnkey cash flowing investment property! One unit lease ends at the end of August offering an owner occupant option. Live in one and have the other pay for carrying costs. DO NOT DISTURB TENANT. PROPERTY TOURS BY APPOINTMENT ONLY

  • Interior Details
      • HeatingForced Air
    • Beds & Baths
      • Total Baths2.00
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Square Feet1650
  • Construction Details
      • Property TypeInvestment
    • Condition
      • Year Built1917
  • Community and Neighborhood Details
      • ZoningMulti-Family
      • School DistrictHamtramcK
      • RegionHamtramck
      • CountyWayne
  • Financial Details
      • Original List Price$229,900
  • Other
      • MLS #20230062614

Location

Legal

Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.

Listing Courtesy
Listing Agent: Spencer Ray (#409153)
Listing Office: Jim Saros Real Estate Services (#005532)

Joseph DarwishRe/Max Platinum
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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