15
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$165,000
Est. payment /mo
4 Beds
2 Baths
2,400 SqFt
New
9242 Appoline Street Detroit, MI 48228-2626
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $68
Subdivision Mi
MLS Listing ID 50198163
Style 2 Story
Bedrooms 4
Full Baths 2
Year Built 1926
Annual Tax Amount $3,667
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35x125.75
Property Sub-Type Multi-Family
Property Description
This completely remodeled duplex includes new bathrooms, updated kitchens, newer roof and vinyl windows and is the perfect opportunity for any investor looking for no-hassle positive cash-flow. Identical upper and lower 2-bedroom units with fireplace in each unit and each unit has separate utilities. Quiet neighborhood and great location, only minutes to all conveniences and expressways. This home can also work for an owner occupant looking to rent the other unit. Pro-forma cap rate is 8.5% @ $1,200 per-unit rents...This is a no-brainer!! (flooring in process of being completed)
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Poured
Interior
Heating Forced Air, Radiant
Fireplaces Type Natural Fireplace
Fireplace Yes
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Conventional,FHA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty LLC
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