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7 FLORENCE Street River Rouge, MI 48218 1258
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Key Details
Sold Price $155,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,284 sqft
Price per Sqft $47
Subdivision Mi
MLS Listing ID 40100887
Sold Date 11/23/20
Style 2 Story
Full Baths 4
Year Built 1958
Annual Tax Amount $1,809
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 119.60X36.60
Property Description
Fantastic and rare opportunity to purchase an excellent cash-flowing 4 unit apartment building. You can't get any better than this! Fully occupied and turn-key investment. Each apartment is metered separately with electric and gas and owner pays water. New roof on the entire building and the building is freshly painted throughout. This building is very well cared for by the owner and current tenants. Rent could be much higher than what is currently being charged. Start increasing your annual income today!
Location
State MI
County Wayne
Area River Rouge (82144)
Zoning Multi-Family
Rooms
Basement Block, Common
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Window Unit(s)
Exterior
Exterior Feature Aluminum
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Aluminum
Schools
School District River Rouge School District
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Bought with LPS