Melvindale, MI 48122,18666 REED

$73,500

$75,000

2.0%
Est.Price: ?

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Est. payment /mo

2 Beds

2 Baths

1,324 SqFt


SOLD DATE : 09/15/2017

Key Details

Sold Price $73,500

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,324 sqft

Price per Sqft $55

Subdivision Oakborn-Rouge Sub

MLS Listing ID 217060894

Sold Date 09/15/17

Style Duplex

Bedrooms 2

Full Baths 2

Originating Board Realcomp II Ltd

Year Built 1923

Annual Tax Amount $2,337

Lot Dimensions 50 X 100

Property Description

THIS FABULOUS INCOME PROPERTY IS LOCATED ON A CORNER LOT NEAR MELVINDALE HIGH SCHOOL AND IS READY FOR NEW OWNERS. THE MAIN LEVEL UNIT IS APPROXIMATELY 725 SQ FT AND CONSISTS OF TWO BEDROOMS, ONE FULL BATH, KITCHEN WITH REFRIGERATOR AND STOVE, LIVING ROOM, AND DINING ROOM. THE UPPER UNIT IS APPROXIMATELY 600 SQ FT AND CONSISTS OF TWO BEDROOMS WITH HUGE CLOSETS, ONE FULL BATH, A LARGE KITCHEN WITH REFRIGERATOR AND STOVE, AND A LIVING ROOM. THIS UNIT HAS NEW CARPET AS WELL. TENANTS CURRRENTLY PAY ALL UTILITIES, SO SEPARATE NEWER HIGH-EFFICIENCY FURNACES, HOT WATER TANKS, WATER METERS, AND ELECTRICAL PANELS ARE PROVIDED. BASEMENT PROVIDES SEPARATE LAUNDRY AND STORAGE AREAS. PROPERTY ALSO INCLUDES A TWO-CAR GARAGE, WHICH IS BEING RENTED AS WELL. CURRENT OWNERS HAVE ENSURED THAT THE HOME AND PROPERTY ARE WELL-MAINTAINED, AND IT IS ALL UP TO CODE WITH THE CITY. MAIN LEVEL UNIT IS BEING RENTED FOR $600/MONTH AND UPPER UNIT IS VACANT BUT WAS RENTED FOR $450/MONTH. LOT SIZE IS ESTIMATED.

Location

State MI

County Wayne

Area Melvindale

Zoning Multi-Family

Direction Oakwood Blvd or Outer Dr to Allen Rd to Gough St (East). Home is on the corner of Gough and Reed.

Rooms

Basement Common, Unfinished

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Heat Source Natural Gas

Exterior

Exterior Feature Fenced

Pool No

Porch Porch - Covered

Road Frontage Paved

Building

Foundation Basement

Sewer Sewer-Sanitary

Water Municipal Water

Architectural Style Duplex

Level or Stories 2 Story

Structure Type Aluminum

Schools

School District Melvindale Allen Pk

Others

Pets Allowed Yes

Tax ID 47010010120000

Ownership Private Owned,Short Sale - No

SqFt Source PRD

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Island Realty Inc
Bought with Island Realty Inc
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 794-0004

shane@thesateam.com

130 W 5th Ave, Oak, MI, United States

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