• 2539 David Street Melvindale, Michigan 48122

  • $174,900
  • 4
    Bed(s)
  • 2
    Baths
  • 1,920
    Sq Ft
  • 0.09
    Acre

Highest & Best Offers Due by 6 pm April 2nd Great Investment Opportunity! Discover the perfect blend of comfort, convenience, and investment potential with this charming duplex. This unique offering is ideal for both investors and homebuyers, featuring two units, each with 2 bedrooms and 1 bathroom. These arrangements ensure ample space and privacy for occupants, making it an attractive proposition for a variety of needs.  Adding to the convenience is a shared laundry facility in the basement, Showcasing substantial cash flow opportunities coupled with long-term value appreciation prospects. This duplex represents more than just a home; it's a smart investment into your future. The unique setup allows for an owner-occupant to reside in one unit while enjoying the financial benefits generated by the income from the tenant. This can significantly offset mortgage payments, essentially allowing you to live for free while building equity in your investment. Capitalize on the financial benefits this property offers. All measurements are approximate. Have buyers agent verify. Please take off shoes or use shoe coverings. Thank you for showing! Excludes curtains and curtain rods. Contingent on Seller finding home of choice.

Property Type :

Multifamily

Subdivision :

Penn Park Sub

County :

Wayne

Style :

Multifamily

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Property Details

 

Bathroom Information

Total Baths: 2

Full Baths: 2

Room Information

Porches: Balcony,Porch - Covered,Porch

Interior Features

Circuit Breakers,Laundry Facility

Basement Description: Unfinished

Heating & Cooling

Cooling: Central Air

Heating: Forced Air

Heating Fuel: Natural Gas

Water Heater

Natural Gas

Building Information

Year Built: 1924

Building Stories: 2 Story

Total Units: 2

Foundation/Basement: Basement

Architecture: Colonial

Exterior Features

Awning/Overhang(s),Lighting,Fenced

Construction: Asphalt,Brick,Vinyl

Utility Features

Sewer: Public Sewer (Sewer-Sanitary)

Water

Public (Municipal)

Water Heat: Natural Gas

Lot Information

Lot Size: 0.09

Lot Dimensions: 35.00 x 105.70

Frontage Feet: 35

Property Information

SQ ft: 1920

Subdivision: PENN PARK SUB

Financing: Cash,Conventional,FHA,VA

Listing Price Information

Original List Price: $174,900

Listing Information

Possession: Close Plus 31-60 Days

Legal Description: F189 LOT 189 PENN PARK SUB PC 671 L45 P45 WCR

Tax Information

Annual Tax: $3,213

Parcel Number: 47003020189000

Possession

Close Plus 31-60 Days

Legal Information

Legal Description: Section: F189 LOT 189 PENN PARK SUB PC 671 L45 P45 WCR

Parking Information

Parking: 2

Multi-Unit Information

Road Frontage: Paved

Unit 2 Information

# of Bedrooms: 2

School Information

School District: Melvindale Allen Pk

Utility Information

Water:Public (Municipal)

Sewer:Public Sewer (Sewer-Sanitary)

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
19120 Dix Road , Melvindale, MI,48122 $139,900 -- -- -- 0.5 Acre
3860 Demean Street , Melvindale, MI,48122 $190,000 3 3 1,445 0.13 Acre
17728 Palmer Street, Melvindale, MI,48122 $170,000 3 2 872 0.14 Acre
18243 Robert Street, Melvindale, MI,48122 $109,900 2 1 736 0.11 Acre
17450 Wood Street, Melvindale, MI,48122 $150,000 3 1 -- 0.1 Acre
17040 Clarann Street , Melvindale, MI,48122 $120,000 2 1 990 0.08 Acre
17728 Palmer Street, Melvindale, MI,48122 $170,000 3 2 2,016 --
17415 Robert Street , Melvindale, MI,48122 $275,000 -- -- -- 3.25 Acres
18621 Robert Street , Melvindale, MI,48122 $119,000 2 1 1,012 0.12 Acre
2395 Bloomfield Street , Melvindale, MI,48122 $209,999 3 2 1,100 0.18 Acre
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 04/29/2024 @ 15:45

MLS: 603003139
LISTED BY: Jerry Johnson , EXP Realty
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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