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About This Home

This 6-bedroom, 2-bathroom residential multi family at 2231 ANDRUS Street in Hamtramck, MI is listed for $219,900 ($133 per sqft). Built in 1917, the home offers 1,650 sqft of living space on a 0.07 acres lot.

Agent Description

Exciting investment opportunity to acquire a 2 unit apartment building located in Hamtramyck, one of Metro Detroit's fastest growing sub-markets! Well cared for building with numerous big ticket updates. Upper and lower 3 Bedroom apartments with separate utilities paid for by tenants.

Open concept kitchens. Efficient unit layouts ideal for today's tenant living standards. Lower apartment currently leased at $1000/ month and upper leased at 1075 a month. Both units rented at great lease rates making this a turnkey cash flowing investment property! One unit lease ends at the end of August offering an owner occupant option. Live in one and have the other pay for carrying costs. DO NOT DISTURB TENANT. PROPERTY TOURS BY APPOINTMENT ONLY

Key Features

  • Built in 1917
  • 0.07 acre lot
  • 2 stories

Property Details

2 stories
2 full
1917

Monthly Cost Estimate

$1,176/mo

20% down · 6.5% · 30 years

Principal$159
Interest$953
Insurance$64

Estimates only. Actual payments may vary.

Location

2231 ANDRUS Street

Hamtramck, MI 48212

CORLISS & ANDRUSS SUB

Property Details

Construction

Vinyl

Heating

Forced Air

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 2231 ANDRUS Street is listed at $219,900 ($133/sqft). The estimated monthly payment is $953 based on 20% down at 6.5% interest.

Key features include: Built in 1917, 0.07 acre lot, 2 stories.

This property is listed by Spencer Ray and can be reached at (313) 886-9033 or sray@sarosres.com.

SR

Spencer Ray

Agent at Jim Saros Real Estate Services

(313) 886-9033

Listed by Jim Saros Real Estate Services · View on Broker Site

MLS# 20261038586· Source: listhub· Updated 5 days ago

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2231 ANDRUS Street, Hamtramck, MI 48212

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