$229,900 Price Analysis    ♡   Hamtramck, MI 48212 6 bed 2 bath 1,650 SqFt ($139/SqFt) 3,049SqFt lot. Built 1917 Listed 2023-07-28, Taxes $4,941 | Ⓧ USDA Ineligible due to location near Hamtramck |
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 uti lities 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 tremendous 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 fr carrying costs. DO NOT DISTURB TENANT. PROPERTY TOURS BY APPOINTMENT ONLY
Presented by Spencer Ray at
Jim Saros Real Estate Services.
Property MLS #20230062614 from Realcomp
Full Bathrooms: 2
Heating Fuel: Natural Gas
Road Frontage Type: Paved
Lot Size Dimensions: 30.00 x 100.00
Lot Size Square Feet: 3049
Rent Includes: Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
Number of 3 Bedroom Units: 2
Map directions Map directions Map directionsAnnual Tax Amount: 5455
Source Listing Status: Active
County: Wayne
Directions: Turn left onto Andrus from Joseph Campau
Source Property Type: Multifamily
Area: Hamtramck
Source Neighborhood: CORLISS & ANDRUSS SUB
Ownership Type: Short Sale - No, Private Owned
Parcel Number: 41002040387000
Postal Code Plus 4: 4304
Subdivision: CORLISS & ANDRUSS SUB
Zoning: Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $73,900 | $4,941 |
| 2021 | $unknown + $unknown $61,700 | $1,170 |
| 2020 | $unknown + $unknown $52,900 | $1,159 |
| 2019 | $unknown + $unknown $40,900 | $1,149 |
| 2018 | $unknown + $unknown $19,500 | $1,123 |
| 2017 | $unknown + $unknown $22,000 | $1,100 |
| 2016 | $unknown + $unknown $15,000 | $1,088 |
| 2015 | $unknown + $unknown $14,300 | $1,118 |
| 2014 | $unknown + $unknown $14,600 | $1,614 |
| 2013 | $unknown + $unknown $14,500 | $1,430 |
| 2012 | $unknown + $unknown $16,200 | $2,122 |
| 2011 | $unknown + $unknown $18,800 | $2,211 |
| 2010 | $unknown + $unknown $23,800 | $2,639 |
| 2009 | $unknown + $unknown $25,600 | $2,569 |
| 2008 | $unknown + $unknown $28,700 | $1,692 |
| 2007 | $unknown + $unknown $28,700 | $1,914 |
$229,900
Realcomp
Price Changed 2023-08-31
$0
Realcomp
Listed 2023-07-28
$229,900
Realcomp
Listing removed 2023-02-09
$1,075
Realcomp
Listing removed 2023-02-08
$0
Realcomp
Listed for rent 2023-01-29
$1,075
Realcomp
Listing removed 2021-12-29
$1,000
Realcomp
Listing removed 2021-12-22
$0
Realcomp
Listed for rent 2021-12-01
$1,000
Realcomp
Sold 2021-10-26
$152,500
Realcomp
Relisted 2021-09-09
$179,000
Realcomp
Listing removed 2021-09-08
$0
Realcomp
Listing removed 2021-09-02
$0
Realcomp
Listed 2021-08-17
$179,000
Realcomp
Listed for rent 2021-08-03
$950
Realcomp
Listing removed 2021-04-27
$0
Realcomp
Listed 2021-02-13
$159,000
Realcomp
Listing removed 2020-09-13
$0
Realcomp
Listed 2020-08-17
$164,900
Realcomp
Sold 2000-08-21
$48,000
Public Record
Sold 2000-03-10
$35,000
Public Record
Year Built: 1917
Construction Materials: Vinyl
Foundation Details: Basement
Property Age: 107
House Style: Colonial, Duplex
Total Below Grade Area: 288
Water Source: Water at Street
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.