$229,900
Active

2231 ANDRUS STREET

Hamtramck, MI 48212
1650 sqft | 2 baths | 0.07 acres | #20230062614
Browse 9 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Exciting investment opportunity to acquire a 2 unit apartment building located in Hamtramyck, one of Metro Detroit's fastest growing sub-markets! Well cared for building with numerous big ticket updates. Upper and lower 3 Bedroom apartments with separate utilities paid for by tenants. Open concept kitchens. Efficient unit layouts ideal for today's tenant living standards. Lower apartment currently leased at $1000/ month and upper leased at 1075 a month. Both units rented at great lease rates making this a turnkey cash flowing investment property! One unit lease ends at the end of August offering an owner occupant option. Live in one and have the other pay for carrying costs. DO NOT DISTURB TENANT. PROPERTY TOURS BY APPOINTMENT ONLY

  • Property Details
      • FoundationBasement, BrickMortar
      • SubdivisionCORLISS & ANDRUSS SUB
      • Parcel Number41002040387000
      • Sewer InformationSewerAtStreet
      • Utility SourceWateratStreet
      • MLS #20230062614
      • Property SubtypeMultiFamily
      • MLS #20230062614
      • Basement DescriptionUnfinished
      • School DistrictHamtramcK
      • Original List Price$229,900
      • Taxes Annual$5,455
      • Cost229900
      • CountyWayne
      • Acres0.07
      • Square Feet1650
      • Year Built1917
      • PetsCall
      • Days on Market (Cumulative)632
      • Bathrooms2
      • Full Baths2
      • Stories2
      • Basement1
      • Basement Finished1

Location

Alexis ThompsonReal Estate Group
OR

Interested in Purchasing 2231 ANDRUS STREET?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00