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2231 Andrus Street

Hamtramck, MI 48212
  • $229,900
  • STATUS: Active
  • ON SITE: 263 Days
  • MLS #: 20230062614
$229,900
  • 0
    BEDS
  • 0.07
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,650
    SQFT
  • $139
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1917
County:
Area:
Zoning:
Multi-Family
Lot Size Dimensions:
30.00 x 100.00

School Ratings & Info

School District:

Description

Exciting investment opportunity to acquire a 2 unit apartment building located in Hamtramyck, one of Metro Detroit's fastest growing sub-markets! Well cared for building with numerous big ticket updates. Upper and lower 3 Bedroom apartments with separate utilities paid for by tenants. Open concept kitchens. Efficient unit layouts ideal for today's tenant living standards. Lower apartment currently leased at $1000/ month and upper leased at 1075 a month. Both units rented at great lease rates making this a turnkey cash flowing investment property! One unit lease ends at the end of August offering an owner occupant option. Live in one and have the other pay for carrying costs. DO NOT DISTURB TENANT. PROPERTY TOURS BY APPOINTMENT ONLY

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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.
www.bhhssnyder.com/homes/141926815
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2231 Andrus Street Hamtramck, MI 48212

  • Price: $229,900
  • Status: Active
  • On Site: 263 Days
  • MLS #: 20230062614
0
Beds
2
Baths
0
½ Baths
0.07
Acres
1,650
SQFT
$139
$/SQFT
1917
Built
Neighborhood:
CORLISS & ANDRUSS SUB
County:
Wayne
Area:
Hamtramck
School District:
HAMTRAMCK
Property Description
Exciting investment opportunity to acquire a 2 unit apartment building located in Hamtramyck, one of Metro Detroit's fastest growing sub-markets! Well cared for building with numerous big ticket updates. Upper and lower 3 Bedroom apartments with separate utilities paid for by tenants. Open concept kitchens. Efficient unit layouts ideal for today's tenant living standards. Lower apartment currently leased at $1000/ month and upper leased at 1075 a month. Both units rented at great lease rates making this a turnkey cash flowing investment property! One unit lease ends at the end of August offering an owner occupant option. Live in one and have the other pay for carrying costs. DO NOT DISTURB TENANT. PROPERTY TOURS BY APPOINTMENT ONLY
Exterior Features

Architecture Level 2 Story Architecture Style ColonialDuplex Construction Materials Vinyl Foundation Details Basement Foundation Materials Brick/Mortar Lot Size Dimensions 30.00 x 100.00 Parking Total 0 Pool YN No Road Frontage Feet 30 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 2.00 Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Living Area Source Public Records Sq Ft Combined 1650 Sq Ft Total Basement 288 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 47.00 Down Payment Resource YN Yes Existing Lease YN Yes Gross Scheduled Income 24900.00 Homestead YN No Income Projection Actual Land Contract YN No Listing Financing CashConventionalFHAVA Monthly Rental Income 2075 Number Of Units Leased 2 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN No Pets Allowed Call Postal City Hamtramck Protection Period 90 Rent Includes Water/SewerSnow RemovalTrash Collection (Garbage Pickup)WaterYard Maintenance Settlement City Sewer Sewer at Street Short Sale No Tax Amount Summer 4941.0000 Tax Amount Winter 514.0000 Title Standard (Private) Total Tax 5455.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 2231 ANDRUS Street Water Source Water at Street Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Jim Saros Real Estate Services: (313) 886-9030 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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2655 Plymouth Road
Ann Arbor MI, 48105
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