UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Pending
Purchase Type For Sale
Square Footage 1,676 sqft
Price per Sqft $101
Subdivision Rice & Lohmann Sub
MLS Listing ID 20251042385
Style Bungalow
Full Baths 2
Year Built 1929
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type MultiFamily
Property Description
Discover this well-maintained bungalow-style duplex in the heart of Eastpointe, Michigan, offering immediate income potential! Legally rental certified with the city, this vacant property is ready to generate cash flow or become a cozy owner-occupied home with rental income. Featuring two spacious units, each with 2 bedrooms, this duplex is a fantastic opportunity for investors or savvy buyers looking to offset their mortgage.
Property Highlights:
Upper Unit: Bright and airy 2-bedroom, 1-bath unit, previously rented for $850/month. Open layout with ample natural light, perfect for tenants seeking comfort and convenience.
Lower Unit: Generous 2-bedroom, 1-bath unit with a functional floor plan, previously leased at $950/month. Spacious living areas make this unit highly desirable.
Income Potential: Currently rentable as-is, with the opportunity to increase rental rates with modern updates. Market rents in the area suggest strong upside potential!
Move-In Ready: Both units are vacant and rental-ready, offering flexibility for immediate leasing or personalized renovations to maximize value.
Whether you're a seasoned investor or a first-time buyer looking to live in one unit and rent the other, this duplex offers versatility and value. With Eastpointe's growing rental demand, this property is a smart addition to any portfolio. Don't miss out on this turnkey opportunity to own a certified income property with room to grow!
Contact us today to schedule a showing and explore the potential of this Eastpointe gem!
Location
State MI
County Macomb
Area Area03161Eastpointe
Rooms
Basement Unfinished
Interior
Heating ForcedAir, NaturalGas
Laundry LaundryRoom
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Eastdetroit
School District Eastdetroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, WarrantyDeed
Listing Terms Cash, Conventional, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
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