Rare 3 unit apartment building investment opportunity in Eastpointe! Offering the chance to generate passive income or "house hack" by living in one unit while renting out the other two to help offset your mortgage and expenses. This well-maintained 3-unit property offers strong income potential, with projected monthly rents totaling $2,850. The first-floor unit features 2 bedrooms and 1 full bathroom, complete with a brand new kitchen and updated bathroom. Upstairs, the 1-bedroom, 1-bath unit also boasts updated kitchen and bathroom finishes. These units also have all new flooring, paint, & window shades. The studio unit is currently tenant-occupied at $800 per month, providing immediate income. Thoughtfully maintained throughout, the property includes replacement windows, a new water heater, separate electrical service with circuit breakers for each unit, and common laundry facilities in the basement. The building is serviced by one furnace. Outside, you'll find a generously sized lot with three off-street parking spaces. Perfect for both owner-occupants and investors, this clean, well-kept property is full of potential! Showings are available for the two vacant units only, with access to the occupied studio unit provided upon an accepted offer.
| MLS # | 61002980 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1938 |
| Days On Site | 115 |
| Listing Provided By | Jim Saros Real Estate Services | James Saros |
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 1,826 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | Residential |
| Acreage | 0.21 |
| Heating Yes / No | Yes |
|---|---|
| Heating | Forced Air |
| Construction Materials | Aluminum Siding, Brick |
|---|---|
| Foundation Details | Basement |
| List Aor | Real Comp |
|---|
| Property | 6732 |
|---|
| State | MI |
|---|---|
| County | Macomb |
| City | Eastpointe |
| Zip Code | 48021 |
| Area | Eastpointe (50026) |
| Community Name | Bell Realty Co Hfw Park |
| Listing VS Median (in Bell Realty Co Hfw Park) | |
Price: $279,000 low | high Med: $89,900 sqft: 1,826 low | high Med: 1,217 $ / sqft: $153 low | high Med: $74 On site: 115 low | high Med: 77 | |
| State | MI |
|---|---|
| County | Macomb |
| City | Eastpointe |
| Zip Code | 48021 |
| Area | Eastpointe (50026) |
| Community Name | Bell Realty Co Hfw Park |
| Listing VS Median (in Bell Realty Co Hfw Park) | |
Price: $279,000 low | high Med: $89,900 sqft: 1,826 low | high Med: 1,217 $ / sqft: $153 low | high Med: $74 On site: 115 low | high Med: 77 | |