About This Home
This 5-bedroom, 2-bathroom residential multi family at 14761 Stephens Drive in Eastpointe, MI is listed for $199,000 ($100 per sqft). Built in 1937, the home offers 1,992 sqft of living space on a 0.17 acres lot.
Key Features
- Built in 1937
- 0.17 acre lot
- 2 stories
Property Details
Income-producing duplex with a tenant already in place! Upper unit rents for $1,100/month - instant cash flow for an investor. Lower unit is vacant, giving you flexibility to move in, rent it out, or use it for extra income right away. FHA financing makes this an excellent entry point - live in the lower unit and let your tenant's rent help cover the mortgage. Great opportunity whether you're building your rental portfolio or looking to owner-occupy with built-in cash flow from day one. Don't miss this one!
Monthly Cost Estimate
$1,064/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
14761 Stephens Drive
Eastpointe, MI 48021
Nicolai Estate Sub
Property Details
Construction
Heating
Questions & Answers
This 5-bedroom, 2-bathroom residential multi family at 14761 Stephens Drive is listed at $199,000 ($100/sqft). The estimated monthly payment is $1,064 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1937, 0.17 acre lot, 2 stories.
This property is listed by Yasir Abulaban and can be reached at 3133773138.