$110,000
$119,900
8.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,055 SqFt
SOLD DATE : 04/11/2025
Key Details
Sold Price $110,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,055 sqft
Price per Sqft $104
Municipality Eastpointe City
Subdivision Eastpointe City
MLS Listing ID 20250011485
Sold Date 04/11/25
Bedrooms 3
Full Baths 1
Originating Board Realcomp
Year Built 1947
Annual Tax Amount $3,698
Lot Size 435 Sqft
Acres 0.01
Lot Dimensions 45.00 x 94.00
Property Sub-Type Single Family Residence
Property Description
Looking for a stable investment property? This is it, check out this beautiful 3-bedroom, 1-bathroom bungalow currently generating a consistent monthly rental income of $1,350, with a potential for a rent increase. The kitchen and bathroom have been recently updated, and a new water heater was installed in February 2023. The property is currently leased to a long-term Section 8 tenant, providing a stable rental income stream backed by the government. The tenant owns the appliances. Property is C of O is current. Note: Because of the tenant's privacy, showings will only be conducted after a formal offer has been submitted. Please do not disturb the tenant.
Location
State MI
County Macomb
Area Macomb County - 50
Direction Gratiot northbound to Ego westbound
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Water Public
Structure Type Vinyl Siding
Schools
School District Eastpointe
Others
Tax ID 1336477025
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Lic# 501408694