All 4 units have New Water heaters, furnaces, New Roof, newer windows, Separate gas meters, electric meters, lighting, electrical. First unit on entry level is a 3 bedroom 1500 sq ft. 2nd and 3rd units are on 2nd floor each one bedroom with living room, kitchen, bathroom. 4 unit on the third level also 1 bedroom complete with kitchen, bathroom, and living room. Water pipes were all replaced to pex piping, all is working and on. Move your tenants right it with utmost confidence. All the hard work was completed. Seller upon completing the work was relocated at his job so he will not enjoy the fruits of this income generator. BATVAI .All measurements are approximate.
Check out this fantastic investment opportunity in River Rouge! This fully rented triplex is a cash-flowing gem, ideal for investors looking to expand their portfolio. With two spacious two-bedroom units and one cozy one-bedroom unit, each with private entrances and separate utilities (except water), this property is designed for ease of management. Tenants are responsible for water costs in addition to rent, and all units feature private basements and decks, offering desirable living spaces. Convenient on-street parking adds to the appeal. Don't miss your chance to own this income-generating property!
An investor's or handy homeowner's dream. Brand new sewer and plumbing, new furnace, just needs cosmetic work. Can be a single home or a duplex. Many building supplies are included in the sale such as toilets, carpet, ceiling fans, cabinets, light fixtures, trim and more so you can get to work immediately. Schedule your showing and start building equity today.
Picturesque, rental certified, income producing gem available here! Currently one long term tenant in place for $1100/mo and one unit vacant- perfect for househackers or investors wanting to also place their own tenant. Home has been rental certified for many years, has been updated with flooring, kitchens and bath, all appliances included, two car separate garage, and walking distance to schools, making this the perfect investment. Take advantage of rates coming down, and this very low entry price in today's market of multifamily opportunities. Owner does pay for gas and water- which price reflects this, still providing way over 10% return on your money. As is sale, Broker owned.
Welcome Home! Discover this solid brick, 2,150 sq. ft., 2-story multifamily gem in River Rouge. Perfect for cash flow or house hackingââ?¬â??live in one unit and rent out the other! Each spacious 2-bed, 1-bath unit offers over 1,000 sq. ft. of living space, featuring a large living room, formal dining room, and beautifully crafted wainscoting, wood planking, and refinished hardwood floors. Freshly painted throughout, both units boast updated kitchens and bathrooms, along with brand-new electrical and plumbing fixtures. Additional upgrades include two new water heaters and two new furnaces. Individually metered gas and electric. Enjoy the shared full basement with laundry hook-up, and a large covered lower and upper-level front porch with a deck-like ambiance and separate front entrances. Detached two-car garage. Conveniently located near schools, parks, shopping, and 5 Miles to Downtown Detroit. Certificate of Occupancy provided at closing. Donââ?¬â?¢t miss this fantastic opportunityââ?¬â??schedule your showing today!
Completely renovated INVESTMENT OPPORTUNITY: Sturdy and practical upper/lower DUPLEX in DOWNTOWN RIVER ROUGE with tenants in place. The lower unit features 3 bedrooms, and 1 bath plus laundry hookups. The upper unit features 1 bedroom, and 1 bath with laundry hookup. Each unit has private access. Secure location proximate to police, fire and City Hall. Excellent earning potential. SECTION 8 READY. Seller to provide full City C of O. Full proforma available to qualified buyers. Listed financials are approximations based on current full occupancy. BATVAI
Completely renovated INVESTMENT OPPORTUNITY: Sturdy and practical ALL BRICK side-by-side DUPLEX in DOWNTOWN RIVER ROUGE. Both units feature 2 large bedrooms, 1 bath plus a private BASEMENT with laundry hookups. Each unit has front and rear private access. Secure location proximate to police, fire and City Hall. Excellent earning potential. SECTION 8 READY. Seller to provide full City C of O. Full proforma available to qualified buyers. Listed financials are approximations based on full occupancy. BATVAI
Attention Investors! This prime 7-unit multifamily property is now on the market! The complex features one 2-bed, 1-bath unit and six 1-bed, 1-bath units. Recently remodeled and improved, six units are currently occupied by long-term tenants, while one unit is vacant and ready for rent. Unit 1 will be vacant at the end of September. The current gross monthly rent stands at 4,250, with the potential to increase to 5,000 by renting out the vacant unit for 750. This property offers substantial cash flow potential. For inquiries, please call today!
The median home value in River Rouge, MI is $92,000. This is higher than the county median home value of $80,100. The national median home value is $219,700. The average price of homes sold in River Rouge, MI is $92,000. Approximately 42.11% of River Rouge homes are owned, compared to 32.23% rented, while 25.67% are vacant. River Rouge 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 River Rouge real estate agent to arrange a tour today!
River Rouge, Michigan has a population of 7,559. River Rouge is less family-centric than the surrounding county with 16.6% of the households containing married families with children. The county average for households married with children is 25.33%.
The median household income in River Rouge, Michigan is $29,671. The median household income for the surrounding county is $43,702 compared to the national median of $57,652. The median age of people living in River Rouge is 34.9 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 33.5 inches per year, with 31.4 inches of snow per year.