Please stand by.
USDAProperties.com is recovering from last night...

 

 

 

$299,900   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
11519 Continental Ave
Warren, MI 48089
4 bed 4 bath 3,624 SqFt ($82/SqFt)
0.27 acre lot. Built 2004
Listed 2024-04-06, Taxes $2,669
Ⓧ USDA Ineligible
due to location

near Warren

The benefit of this propert is tremendous CASH FLOW potential!

* Sale Pending *

With over 900 sq ft each these 4 roomy 1 bedroom units should easily rent for $825+. Experienced investors will appreciate that all utilities including water are separately metered and paid by the tnants.

The property consists of 2 buildings with 2 units in each and 2 sheds. Each unit has one dedicated off street parking spot. Two of the furnaces are recently updated. All units are currently occupied on a month-to-month basis. Please do not approach tenants.


Presented by Scott Mcdonald at
Century 21 Town & Country.
Listing Agent Photo

Property MLS #20240020798 from Realcomp

Bedrooms: 4

Total Bathrooms: 4 / 0
Full Bathrooms: 4

Laundry Facility

Heating Features: Forced Air
Heating Fuel: Natural Gas

Frontage Length: 66
Road Frontage Type: Paved
Porch Description: Porch

Lot Size Acres: 0.27
Lot Size Dimensions: 66.00 x 180.00
Lot Size Square Feet: 11761

Parking Features: 4

Gross Scheduled Income: 39600.00
Rent Includes: Yard Maintenance

Number of Units: 4
Number of 1 Bedroom Units: 4

School District: Van Dyke

Lincoln High School is a public high school located approximately 0.7 miles away.
directions icon Map directions

Lincoln Middle School is a public middle school located approximately 0.8 miles away.
directions icon Map directions

Lincoln Elementary School is a public elementary school located approximately 0.8 miles away.
directions icon Map directions

Genesis Catholic Elementary School is a private elementary and middle school located approximately 1.7 miles away.
directions icon Map directions

Pets Allowed: Cats OK, Dogs OK

ActivationDate : 2024-04-06
Annual Tax Amount: 2780
Source Listing Status: Pending
County: Macomb
Directions: On the west side of Hoover north of 9 Mile Rd.
Source Property Type: Multifamily
Area: Warren
Source Neighborhood: S/P JACOBS FARM
Ownership Type: Short Sale - No, Private Owned
Parcel Number: 1327477031
Postal Code Plus 4: 3940
Subdivision: S/P JACOBS FARM
Zoning: Multi-Family, Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$59,920
$2,669
2021$unknown + $unknown
$57,240
$2,606
2020$unknown + $unknown
$52,600
$2,605
2019$unknown + $unknown
$49,670
$2,543
2018$unknown + $unknown
$43,120
$2,448
2017$unknown + $unknown
$52,920
$2,409
2016$unknown + $unknown
$50,120
$2,389
2015$unknown + $unknown
$32,450
$2,421
2014$unknown + $unknown
$29,630
$2,137
2013$unknown + $unknown
$29,190
$2,027
2012$unknown + $unknown
$32,410
$2,252
2011$unknown + $unknown
$40,210
$2,466
2010$unknown + $unknown
$47,250
$2,886
2009$unknown + $unknown
$57,310
$3,443
2008$unknown + $unknown
$66,640
$3,885
2007$unknown + $unknown
$70,990
$3,967

Listed 2024-04-06
$299,900
Realcomp
Sold 2014-01-21
$60,000
Public Record
Listing removed 2013-12-01
$130,000
Realcomp
Listing removed 2013-12-01
$130,000
MiRealSource
Listed 2013-07-13
$130,000
Realcomp
Listed 2013-07-12
$130,000
MiRealSource
Sold 1999-09-27
$30,000
Public Record

Net Operating Income: 34800.00
Operating Expense: 10400.00

Total Square Feet Living: 3624
Year Built: 2004
Construction Materials: Vinyl
Foundation Details: Crawl
Property Age: 20
Roof: Asphalt
House Style: Duplex, Ranch

Sewer: Public Sewer (Sewer-Sanitary)
Water Source: Public (Municipal)
Click Thumbnail Images To View Full Size
house_viewhouse_viewyardhouse_view

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.