$242,000
$239,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
464 Elm Street Wyandotte, MI 48192-5838
1,974 SqFt
Key Details
Sold Price $242,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,974 sqft
Price per Sqft $122
Subdivision Mi
MLS Listing ID 70553593
Sold Date 10/16/26
Year Built 1904
Annual Tax Amount $7,484
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 50x90
Property Sub-Type Multi-Family
Property Description
Turnkey Two-Unit Investment -- 1,974 Sq. Ft. -- Fully Occupied, $30,480/Year in Rental Income -- Wyandotte. Own a fully occupied two-unit multifamily property with rental income already in place from day one. Both units feature 2 bedrooms and 1 full bathroom, currently rented for a combined $2,540/month ($1,320 + $1,220). Current tenants have a history of on-time rental payments. Each unit has its own furnace and water heater, plus fridge, stove, microwave, and washer/dryer. Tenants pay gas/electric; owner covers water/trash -- low landlord overhead. Private entrance, covered front porch, storage shed on-site. Walking distance to Downtown Wyandotte, restaurants, shopping, and the Detroit River. City inspection completed; seller addressing minor items. Inspection report available to interested buyers. Pre-approval/proof of funds required for showings. 24-hr notice required -- tenants occupied. Seller is a licensed Michigan real estate agent with ownership interest in the property.
Location
State MI
County Wayne
Area Wyandotte (82147)
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Wyandotte City School District
Others
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
Read Less
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Bought with Keller Williams Ann Arbor Mrkt
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