Opportunity to acquire a well-maintained 5-unit brick multifamily property near Rouge Park golf course. Featuring five townhouse-style units with side-by-side layouts, this property offers a desirable floor plan that provides residents with the feel of individual homes while simplifying property management. Each unit includes separate utilities, a functional kitchen with a gas stove, a dining nook, durable vinyl flooring throughout the main level, and carpeted bedrooms upstairs. All units have central air. Situated on a prominent corner lot, the property offers convenient rear parking for residents and guests. The townhouse design, separate utility setup, and low-maintenance brick exterior make this an attractive investment with long-term appeal. The owner has done much maintenance and repairs since acquiring the property. Fully occupied - inquire as to the rent roll. No showings without an accepted offer. Please do not disturb the tenants. Interior photos are of one unit before it was occupied, but similar to other units. Tenants are month to month, three are Section 8, rents run from $900 to $980 per month, water included. Land contract terms offered with 30% down, 7% interest, 30 year amortization, 3 year balloon. For a 5 year balloon the interest rate is 7.25%.
4,260 Sq Ft
6,534 Sq Ft Lot Size
commercial
$966 Monthly Tax
Built in 1953
MLS/Listing ID 20261049622
5 Units
Heating - Natural Gas
Parking - Parking Lot
Construction - Brick
Cooling - Central Air
Basement
Block
Heating - Forced Air
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the REALCOMP. Real estate listings held by brokerage firms other than {{BROKERAGE}} are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.