$89,995

206 Frazier Street, River Rouge, MI 48218

  • 4 baths |
  • 1,885 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $48/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

Outstanding investment property! Great for investment purposes or live in one side and rent the other to help pay your mortgage. Home has been a cash machine for years! Rare single-level duplex on quiet street, super close to police and fire. 3 bedrooms/ 1 bath each side. Unit #1 virtually move-in ready. Unit #2 needs cosmetic rehab including some floor covering, paint, etc. Mostly hardwood floors in each unit. Home has been owned for approximately 9 years. Unit #1 tenant just moved out after 7+ years. Unit #2 tenant just moved after 9 years. Very stable occupancy! Separate utilities, owner pays water and lawn care. Rents were under market rates as tenants had been with home for many years. Workers have been approached many times by people wishing to rent units as soon as they became vacant! Demand is readily present! Rent increase to $1600.00-1700.00/month (for both units rented) very possible!

Listing Status:
Active
Listing Office:
Key Realty - Monroe : 8775937589
Listing Agent:
Jeffrey Prowse : 2483456561
MLS ID:
20251052348
  • Laundry: Electric dryer hookupGas dryer hookupIn unit
  • Heating: Forced airNatural gas
  • Style: Duplex
  • Pool: None
  • Parking: On street
  • Roofing: Asphalt
  • General: AsphaltOneCrawl space
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: River rouge
  • County: Wayne
  • Zoning: 455A57B 58 N E 15 FT OF LOT 57 ALSO LOT 58 FRASER-HART SUB PC 455 L33 P100 WCR50008140057002
  • Water: Other
  • Sewer: Public sewerSeparate meters
  • Source: Realcomp II Ltd

This listing courtesy of Jeffrey Prowse, Key Realty - Monroe

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

River Rouge Alternative Virtual Academy

10577 W Jefferson Ave, River Rouge, MI, 48218

Grades 5-12

0.45 miles away

R

River Rouge Alternative Virtual Academy

10577 W Jefferson Ave, River Rouge, MI, 48218

Grades 5-12

0.45 miles away

R

River Rouge High School

1460 Coolidge Hwy, River Rouge, MI, 48218

Grades 9-12

0.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.