Exceptional investment opportunity just steps from Eastern Michigan University! This long-time student rental offers incredible flexibility for investors and owner-occupants alike. Live in one unit and rent the others, continue leasing the units separately, or lease the entire property to a single group. Currently configured as three separate rental units… Read More generating a total of $4,400 per month in rental income, with one lease for two units in place through 7/31/2026 and the remaining tenant on a month-to-month agreement. The property features 7/8 bedrooms, four full bathrooms, and four kitchens - one on each level - providing numerous options for future use. Shared laundry is located in the basement, and tenants pay all utilities, with separate electrical meters and shared gas and water service. Ample off-street parking and abundant storage add to the property's appeal. Whether you're looking to expand your portfolio, generate immediate cash flow, or build long-term equity in a primerental location, this property presents a rare opportunity you don't want to miss! Showings begin 6/17. A minimum 48-hour notice is required for all showings. Sale is subject to tenants' rights. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Real Estate One Inc, (734) 662-8600
Listing Snapshot
Days Online
4
Last Updated
Property Type
Residential
Beds
8
Full Baths
4
Square Ft.
2,862
Lot Size
0.24 Acres
Year Built
1909
MLS Number
81026028463
30 Days Snapshot Of 48197
$315k
0%
(avg) sold price
69
+15%
homes sold
52
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Pub. Sidewalk
Appliances & Equipment
Dryer, Oven, Range/Stove, Refrigerator, Washer
Basement
Partially Finished, Walk-Out Access, Basement?: 1
Building
2,862 total square feet, 2,862 combined square feet, 414 lower floor square feet, 1,150 total basement square feet, Built in 1909, Architectural style: Colonial, Victorian, 3 Story, Stucco
Cooling
Window Unit(s)
Fireplaces
Living Room, Other, Fireplace?: 1
Foundation
Basement
Garage
Detached, Garage?: 1
Water Features
Public (Municipal)
Heating
Hot Water, Steam, Natural Gas
Interior Features
Cable Available, Laundry Facility, Other
Lot
Lot size area: 0.24, Lot size dimensions: 66.00 x 156.00
Property
Property type: Residential
Taxes
Tax amount (summer): $12,042
Sewer
Sewer (Sewer-Sanitary), Storm Drain
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