71 E GREAT LAKES Street new

River Rouge,MI 48218

$ 795000

10 Beds

10 Baths

7650 SqFt


Key Details

Property Type Multi-Family

Sub Type Common Entry Building,Brownstone

Listing Status Active

Purchase Type For Sale

Square Footage 7,650 sqft

Price per Sqft $103

Subdivision River Rouge Improvement Cos Sub No 2

MLS Listing ID 20250033207

Style Common Entry Building,Brownstone

Bedrooms 10

Full Baths 10

Year Built 1940

Annual Tax Amount $9,460

Lot Size 5,662 Sqft

Property Sub-Type Common Entry Building,Brownstone

Property Description

Fully Remodeled in 2017/2018 with all permits. (See interior photos!) Property has 10 units, all 1 bedroom units where the tenants pay for their own gas & Electric with DTE (Each unit is individually metered). All tenants are on month to month agreements and aware of sale and potential rental increases. Maintenance should be normal to minimal as each year we have city inspections. All the units have the same footprint (Wear and tear will be different per unit). This property is ideal for investors looking for steady income and low maintenance.

Location

State MI

County Wayne

Area River Rouge

Zoning Multi-Family

Interior

Heating ENERGY STAR® Qualified Furnace Equipment

Cooling ENERGY STAR® Qualified A/C Equipment

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Community

Structure Type Brick

Schools

School District River Rouge

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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