Address
7 Florence St River Rouge, MI
Price
$ 168,000
Property Attributes
  • MLS#40100887
  • TypePending
  • CountyWAYNE
  • CityRiver Rouge
  • AreaRiver Rouge
  • NeighborhoodRiver Rouge
  • Zip48218
  • Style
  • Year Built1958
  • Taxes1809
  • Price$ 168,000
  • Bedrooms0
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3284
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Real Estate One-Southgate
Property Description

Fantastic and rare opportunity to purchase an excellent cash-flowing 4 unit apartment building. You can't get any better than this! Fully occupied and turn-key investment. Each apartment is metered separately with electric and gas and owner pays water. New roof on the entire building and the building is freshly painted throughout. This building is very well cared for by the owner and current tenants. Rent could be much higher than what is currently being charged. Start increasing your annual income today!

Price History
9/9/2020 Listed $168,000

General Features

Bathrooms 4
Class MULTIFAMILY
Community Amenities Some Pet Restrictions
Cooling Ceiling Fan(s), Window Unit(s)
Directions Turn west on West Jefferson
Exterior Features Porch
Financial Terms Cash, Conventional
Full Baths 4
Heating Forced Air
Legal Description 525D THAT PART OF LOT 3 OF ANN VIS- GERS SUBDIVISION OF PC 525 AS RECORDED IN LIBER 1 OF PLATS PAGE 162 WAYNE COUNTY RECORDS DES
Listing Area River Rouge (82144)
Municipality River Rouge
Originating Mls RealComp
Ownership Private
Parking Unassigned/General
School District River Rouge School District
Source Mls MI Real Source
Status Pending
Status Pending
Structure Style 2 Story
Subdivision ANN VIS GERS SUB
Subj To Short Sale Apprvl No
Type Multi-Family
Water Public Water
Year Built 1958
Zoning Multi-Family

Interior Features

Basement Block, Common
Fireplace? No
Fuel Type Natural Gas
Total Number of Units 4

Exterior Features

Exterior Aluminum
Foundation Type Basement
Frontage 119
Lot Dimensions 119.60X36.60
Lot Size Area 0.1
Roads Paved Street
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48218

Price
AVG $60K
$170K
Taxes
AVG $1,690
$1,809
Visits
AVG 16
3
Year Built
AVG 1925
1958
Walkscore
AVG 61
73
Data Provided by Walkscore ® not using MLS data

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