About This Home
This 3-bedroom, 2-bathroom residential multi family at 82 Forest Street in River Rouge, MI is listed for $99,900 ($72 per sqft). Built in 1920, the home offers 1,380 sqft of living space on a 0.08 acres lot.
Key Features
- Built in 1920
- 0.08 acre lot
- 2 stories
Property Details
FULLY OCCUPIED INCOME-PRODUCING DUPLEX! Add an established rental property to your portfolio with this tenant-occupied River Rouge duplex currently generating $1,800/month in gross rental income. The property features a spacious 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit with an additional bonus/flex room, giving the upper tenant valuable extra living space.
Each unit offers a private entrance, kitchen and separate furnace, with separate utilities providing added convenience for ownership and management. Additional features include basement space with laundry hookup and seller-reported improvements including updated electrical and plumbing and a roof less than one year old.
Both units are currently occupied on month-to-month terms, providing immediate rental income for the next owner. Property is being sold as-is. Please do not disturb tenants. Interior access will be provided following an accepted offer/LOI, subject to seller approval and required notice. Buyer and buyer's agent to verify all information, including rental income, expenses, utilities, property use, improvements and property information.
Monthly Cost Estimate
$534/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
82 Forest Street
River Rouge, MI 48218
Abbott & Beymers Great Lakes Sub
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 2-bathroom residential multi family at 82 Forest Street is listed at $99,900 ($72/sqft). The estimated monthly payment is $534 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.08 acre lot, 2 stories.
This property is listed by Megan Ransome and can be reached at 2484537758.