River Rouge, MI 48218 1452,1174 COOLIDGE
River Rouge, MI 48218 1452,1174 COOLIDGE
River Rouge, MI 48218 1452,1174 COOLIDGE
16
$148,000
$147,500
0.3%
Est.Price: ?

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2 BA
1,666 SqFt

1174 COOLIDGE River Rouge, MI 48218 1452

Est. payment /mo
SOLD DATE : 05/15/2024

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Key Details

Sold Price $148,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,666 sqft

Price per Sqft $88

Subdivision Mi

MLS Listing ID 60285762

Sold Date 05/15/24

Style 2 Story

Full Baths 2

Year Built 1920

Annual Tax Amount $2,491

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 40.00 x 100.00

Property Description

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.

Location

State MI

County Wayne

Area River Rouge (82144)

Zoning Multi-Family

Rooms

Basement Block

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Other

Building

Story 2 Story

Foundation Basement

Water Public Water at Street

Structure Type Other

Schools

School District River Rouge School District

Others

Ownership Private

Assessment Amount $635

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by 1st Michigan Real Estate
Bought with LPS

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agent

David Wietecha

Agent | License ID: 6501453131

+1(586) 722-6737

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