Center Line MI Multi Family for Sale
$250,000
8426 VIRGINIA Center Line, MI 48015
- Type:
- Multi-Family
- Sq.Ft.:
- 1,774
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1928
- Baths:
- 2.00
- MLS#:
- 60349115
- Subdivision:
- ELLIS CENTERLINE
ADDITIONAL INFORMATION
Discover the perfect blend of comfort and opportunity with this exceptional property! Offering incredible flexibility, this home is currently used as a two-family flat, providing the option to live in one unit and rent out the other, or create the ideal setup for multi-generational living with in-law quarters. Situated on a double lot, there's the potential to split the lot with city approval, making this an excellent investment for future development or expansion. The property boasts a large garage and a full basement, offering ample storage or space for future projects. This home is updated throughout, giving it a fresh, modern feel thatââ?¬â?¢s both clean and move-in ready. The lower unit is already rented and generating $1,400 in monthly income, with the potential to rent both units for a total of $2,700+ per monthââ?¬â??offering an immediate income stream and long-term profitability. Whether youââ?¬â?¢re a homeowner looking to offset your mortgage or an investor seeking a property with strong rental potential, this versatile home delivers. Donââ?¬â?¢t miss out on this rare opportunity to own a property with so much potential and flexibility!
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Center Line Real Estate
The median home value in Center Line, MI is $173,450. This is lower than the county median home value of $222,600. The national median home value is $338,100. The average price of homes sold in Center Line, MI is $173,450. Approximately 48.81% of Center Line homes are owned, compared to 49.18% rented, while 2.01% are vacant. Center Line real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Center Line real estate agent to arrange a tour today!
Center Line, Michigan has a population of 8,515. Center Line is less family-centric than the surrounding county with 19.91% of the households containing married families with children. The county average for households married with children is 28.44%.
The median household income in Center Line, Michigan is $47,391. The median household income for the surrounding county is $67,828 compared to the national median of $69,021. The median age of people living in Center Line is 41 years.
Center Line Weather
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 33.5 inches per year, with 30.5 inches of snow per year.