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1174 Coolidge

River Rouge, MI 48218
  • $149,000
  • STATUS: Active
  • ON SITE: 74 Days
  • MLS #: 20240006534
$149,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,666
    SQFT
  • $89
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:
Zoning:
Multi-Family
Lot Size Dimensions:
40.00 x 100.00

School Ratings & Info

School District:

Description

LOCATED INSIDE THE SUBURBAN CITY OF RIVER ROUGE, YOU WILL FIND 1174 COOLIDGE NESTLED ON A 4,008 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX BOAST TWO 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS ALL NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. ALL ELECTRICAL, PLUMBING, HVAC AND BUILDING PERMITS WERE JUST APPROVED THIS YEAR. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1217 AND $1276 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

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IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-04-03T23:59:38.88.
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1174 Coolidge River Rouge, MI 48218

  • Price: $149,000
  • Status: Active
  • On Site: 74 Days
  • MLS #: 20240006534
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1,666
SQFT
$89
$/SQFT
1920
Built
Neighborhood:
Burke And Riopelles Sub
County:
Wayne
Area:
River Rouge
School District:
RIVER ROUGE
Property Description
LOCATED INSIDE THE SUBURBAN CITY OF RIVER ROUGE, YOU WILL FIND 1174 COOLIDGE NESTLED ON A 4,008 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX BOAST TWO 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS ALL NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. ALL ELECTRICAL, PLUMBING, HVAC AND BUILDING PERMITS WERE JUST APPROVED THIS YEAR. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1217 AND $1276 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
Exterior Features

Architecture Level 2 Story Construction Materials Other Foundation Details Basement Foundation Materials Block Lot Size Dimensions 40.00 x 100.00 Road Frontage Feet 1 Road Frontage Type Paved Waterfront YN No

Interior Features

Building Area Source Public Records Heating Cooling Forced Air Heating Fuel Natural Gas Sq Ft Main 1666 Sq Ft Office 1 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 2 Unit Two Bed Number Of 0

Property Features

Assessment 635.00 Commercial Type ApartmentsBusiness And Real Estate Existing Lease YN Yes Gross Scheduled Income 29916.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventional Monthly Sales 2493 Net Operating Income 29916.00 Operating Expense 0.00 Ownership Status Short Sale - NoPrivate Owned Percent Leased 100 Possession At Close Postal City River Rouge Protection Period 1 Settlement City Sewer Sewer at Street Short Sale No Tax Amount Summer 1927.0000 Tax Amount Winter 564.0000 Title Standard (Private) Total Tax 2491.0000 Unparsed Address 1174 COOLIDGE Water Source Water at Street Year Remodeled 2024 Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via 1st Michigan Real Estate: and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-04-03T23:59:38.88.
 
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