2 family home for sale, first floor unit features 2 bedrooms, living room, kitchen with new flooring & table space, large formal dining room & full bath with new flooring, second floor features bedroom, living room, kitchen with table space & full bath, shared walk up basement with laundry, separate entrances, individually metered gas & electric, large backyard, covered front porch, both units tenant occupied - currently on month to month lease, willing to stay, home is close to River Rouge Library & Rouge River High School, do not disturb tenants, all data apx.
Turnkey Multi-Unit Investment Opportunity in River Rouge! With fantastic income-generating potential features four fully updated units across two separate structures. The main house offers two spacious 2-bed, 1-bath units, updated kitchens and bathrooms, brand new appliances, and brand new electrical fixtures with new 100 amp electrical service. Both units also boast brand new vinyl windows, new flooring, carpet, and fresh paint throughout. Additional updates include two brand new hot water tanks, two new furnaces, new water supply lines, and glass block windows. The front lower unit features a formal dining room and an enclosed porch, perfect for enjoying the neighborhood, with each unit having a separate entrance for added privacy and convenience. The rear building consists of one 1-bed, 1-bath unit and one 2-bed, 1-bath unit, both featuring updated kitchens and bathrooms, fresh paint, new carpet, and flooring. These units are equipped with high-efficiency Pioneer mini-splits units and offer large, open living spaces that provide excellent rental potential. All units are individually metered for utilities, ensuring ease of management. Located in a desirable, quiet neighborhood, this property sits on a corner lot with ample outdoor space. Minutes from the Gordie Howe Bridge & Downtown Detroit. With easy access to local amenities, schools, parks, major highways, this well-maintained property is ideal for both new and seasoned investors. Certificate of Occupancy at closing. Schedule a showing today!
This is an upper/lower performing property. An investment opportunity to buy 3 assets (4 doors)! Tenant Occupied. MLS #'s 20240073804, 20240073803 and 20240073806. Make an offer! Attractive CAP Rates.
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.
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
The median home value in River Rouge, MI is $63,400. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in River Rouge, MI is $63,400. Approximately 40.78% of River Rouge homes are owned, compared to 40.98% rented, while 18.24% 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 48218 has a population of 7,257. River Rouge 48218 is less family-centric than the surrounding county with 9.76% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in River Rouge, Michigan 48218 is $24,023. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in River Rouge 48218 is 36.2 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 34.4 inches per year, with 34.2 inches of snow per year.