Value-Add Opportunity for this 4 unit multi-family!

Each unit is 2 bed 1 bath. Majori ty of the work has been done. Newer roof and newer windows, property needs TLC on the interior to be brought back to life. This is an excellent opportunty to turn this multi-family into a cash flowing machine, with a projected $950/mo in rent (or more) per unit, grossing $45, 600 annually (or more).

On the other hand, occupy one of the units while the other 3 units are paying your rent. BATVAI. Agents, please read agent remarks.

Request Information
on 3724 Wager St
in Detroit, MI
Presented by Jay Naim at
EXP Realty, LLC.


Property MLS #20240011166 from Realcomp

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 8

+ Bathrooms

Total Bathrooms: 4.00
Full Bathrooms: 4

+ Interior Features

Laundry Facility
Programmable Thermostat

+ Heating and Cooling

Heating Features: Hot Water
Heating Fuel: Natural Gas
Water Heaters: Natural Gas

+ Other Rooms

Basement Description: Unfinished

+ Exterior and Lot Features

Lighting
Fenced
Frontage Length: 41
Road Frontage Type: Paved
Porch Description: Balcony, Porch - Covered, Porch

+ Land Info

Lot Size Acres: 0.09
Lot Size Dimensions: 41.00 x 100.00
Lot Size Square Feet: 3920

+ Garage and Parking

Parking Features: 4

+ Rental Info

Gross Scheduled Income: 45600.00

+ Multi-Unit Info

Number of Units: 4
Number of 2 Bedroom Units: 4

+ School Information

School District: Detroit
+ Display Complete School Details

Durfee Elementary-Middle School is a public elementary and middle school located approximately 0.9 miles away.
Map directions

Central Collegiate Academy is a public high school located approximately 0.9 miles away.
Map directions

Clinton St. Greater Beth Tem CHRC is a private elementary, middle and high school located approximately 0.4 miles away.
Map directions

+ Homeowners Association

Pets Allowed: Yes

+ Other Property Info

ActivationDate : 2024-02-29
Annual Tax Amount: 1164
Source Listing Status: Active
County: Wayne
Directions: Travel North on Dexter Ave, Make a Left on Wager
Source Property Type: Multifamily
Area: Det: Livernois-I75 6-Gd River
Source Neighborhood: MC QUADES DEXTER BLVD (PLATS)
Ownership Type: Short Sale - No, Private Owned
Parcel Number: W14I003488S
Postal Code Plus 4: 1838
Subdivision: MC QUADES DEXTER BLVD (PLATS)
Zoning: Multi-Family, Residential
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$unknown + $unknown $20,200	$1,135
2021	$unknown + $unknown $14,800	$1,305
2020	$unknown + $unknown $19,000	$1,105
2019	$unknown + $unknown $15,700	$1,089
2018	$unknown + $unknown $15,700	$1,150
2017	$unknown + $unknown $14,400	$1,145
2016	$unknown + $unknown $9,100	$1,149
2015	$unknown + $unknown $9,600	$1,184
2014	$unknown + $unknown $12,017	$1,393
2013	$unknown + $unknown $13,352	$1,496
2012	$unknown + $unknown $15,347	$1,655
2011	$unknown + $unknown $16,835	$1,791
2010	$unknown + $unknown $19,131	$1,972
2009	$unknown + $unknown $21,740	$2,161
2008	$unknown + $unknown $24,290	$2,228
2007	$unknown + $unknown $24,290	$2,215

+ Reveal Property Sale History

Price Changed 2024-06-18
$199,900
Realcomp

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Listed 2024-02-29
$225,000
Realcomp

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Sold 2020-12-02
$112,000
Realcomp

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Listing removed 2014-03-05
$18,900
Realcomp

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Listed 2013-08-21
$18,900
Realcomp

+ Building and Construction

Total Square Feet Living: 3776
Year Built: 1923
Construction Materials: Brick
Foundation Details: Basement
Property Age: 101
Roof: Asphalt
Levels or Stories: 2 Story
House Style: 2 Story
Total Area Sqft: 3776
Total Below Grade Area: 1870
Architectural Style: Quadruplex

+ Utilities

Sewer: Public Sewer (Sewer-Sanitary)
Water Source: Public (Municipal)