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Marta Kopania
1st Michigan Real Estate
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LOCATED INSIDE THE SUBURBAN CITY OF RIVER ROUGE, YOU WILL FIND 1174 COOLIDGE NESTLED ON A 4,008 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX BOAST TWO 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS ALL NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. ALL ELECTRICAL, PLUMBING, HVAC AND BUILDING PERMITS WERE JUST APPROVED THIS YEAR. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1217 AND $1276 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
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Total Baths: 2
Full Baths: 2
Basement Description: Unfinished
Heating: Forced Air
Heating Fuel: Natural Gas
Year Built: 1920
Building Stories: 2 Story
Total Units: 2
Foundation/Basement: Basement
Architecture: Other
Construction: Other
Sewer: Sewer at Street
Water at Street
Lot Size: 0.09
Lot Dimensions: 40.00 x 100.00
SQ ft: 1666
Subdivision: BURKE AND RIOPELLES SUB
Financing: Cash,Conventional
Original List Price: $150,000
Possession: At Close
Legal Description: 025D79 025D80A LOT 79 AND THE WLY 9 FT OF LOT 80 BURKE AND RIOPELLES SUB PC 25 L14 P82 WCR
Annual Tax: $2,491
Parcel Number: 50005020079000
At Close
Legal Description: Section: 025D79 025D80A LOT 79 AND THE WLY 9 FT OF LOT 80 BURKE AND RIOPELLES SUB PC 25 L14 P82 WCR
Presently Zoned: 1
Road Frontage: Paved
# of Bedrooms: 2
School District: River Rouge
Water:Water at Street
Sewer:Sewer at Street
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
24 Alexander Street , River Rouge, MI,48218 | $135,000 | 6 | 2.5 | 2,208 | 0.07 Acre |
51 E James Street , River Rouge, MI,48218 | $42,000 | 3 | 1 | 936 | 0.09 Acre |
105 Maple Street, River Rouge, MI,48218 | $95,000 | 4 | 2 | 1,540 | 0.07 Acre |
89 Batavia Street , River Rouge, MI,48218 | $69,900 | 3 | 1.5 | 1,224 | 0.08 Acre |
494 Frazier Street , River Rouge, MI,48218 | $119,000 | 3 | 1.5 | 1,021 | 0.11 Acre |
25 Orchard Street, River Rouge, MI,48218 | $94,900 | -- | -- | 700 | 0.08 Acre |
96 Brownlee Street, River Rouge, MI,48218 | $65,000 | 2 | 1 | 816 | 0.07 Acre |
222 Campbell Street, River Rouge, MI,48218 | $95,000 | 3 | 2 | 1,600 | 0.07 Acre |
98 E Anchor Street , River Rouge, MI,48218 | $25,000 | 2 | 1 | 748 | 0.07 Acre |
492 Beechwood Street, River Rouge, MI,48218 | $29,900 | 3 | 1 | 876 | 0.09 Acre |
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 05/04/2024 @ 10:01
MLS: 600659582
LISTED BY: Marta Kopania , 1st Michigan Real Estate
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3%
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.