$1,295,000

Multi-Family · MLS® A2276447
1,990Sq Ft
8Garage
1968Year Built
02 / Overview

PROPERTY OVERVIEW

Here is the perfect investment, the hard work is all done for you . Just purchase and rent! This is a beautiful, very high quality, thorough renovation! A newly finished, legally suited side by side duplex on 7028SQFT Lot. The upper 2 units have had substantial facelifts and have been opened up with, new kitchens with quartz counter tops on the islands, new bathrooms, new flooring, all new light fixtures, all new appliances, private laundry, separate heating and their own...

03 / Details

PROPERTY DETAILS

Property TypeMulti-Family
Building TypeFour Plex
Total Finished Area1,990 sq ft
Lot Size7,028 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
Parking220 Volt Wiring • Additional Parking • Alley Access • Front Drive • Gravel Driveway • Parking Lot • Parking Pad • RV Access/Parking • Stall
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built1968
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,256After mortgage & expenses
Cap Rate2.4%Based on market rents
Cash on Cash Return-10.4%With 20% down payment
Est. Monthly Rent$3,483Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

HUNTINGTON HILLS

Moderate Investment
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Investment Score63/100
Avg Home Price$553K
Active Listings12
Listed by Vadim Yalovitser · Century 21 Bamber Realty LTD.