43
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$189,900
Est. payment /mo
2 Baths
6,098 Sqft Lot
Price Dropped by $10K
2511 SCHAEFER Road Melvindale, MI
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Melvindale City
Subdivision Melvindale City
MLS Listing ID 20250027148
Originating Board Realcomp
Year Built 1941
Annual Tax Amount $2,858
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 60.00 x 100.00
Property Description
GREAT OPPORTUNITY TO OWN THIS RECENTLY UPDATED DUPLEX WITH STRONG RENTAL POTENTIAL! RECENT IMPROVEMENTS THROUGHOUT BOTH UNITS AND EXTERIOR MAKE THIS A LOW-MAINTENANCE ADDITION TO YOUR PORTFOLIO. EXTERIOR UPGRADES INCLUDE NEW GUTTERS, EXTENSIVE TREE TRIMMING COMPLETED FOR CURB APPEAL AND SAFETY, PORCH IMPROVEMENTS INCLUDING NEW RAILINGS AND BRICKWORK REPAIRS. INTERIOR UPDATES ON THE VACANT UNIT INCLUDE WINDOW REPAIRS, NEW KITCHEN INCLUDING NEW FRIDGE, UPDATED BATHROOM, NEW LUXURY VINYL PLANK FLOORING AND PAINT THROUGHOUT, NEW ELECTRICAL WIRING, LIGHT FIXTURES AND DOOR HARDWARE. INTERIOR UPDATES ON THE TENANT OCCUPIED UNIT INCLUDE MINOR ELECTRICAL REPAIRS AND FLOORING IN THE KITCHEN. ONE UNIT IS VACANT AND ONE UNIT IS TENANT OCCUPIED AT $800/MO ON A MONTH TO MONTH BASIS. THIS PROPERTY IS IDEAL FOR BOTH OWNER-OCCUPANTS AND INVESTORS. LIVE IN ONE UNIT AND RENT THE OTHER, OR LEASE BOTH FOR STRONG CASH FLOW FROM DAY ONE. DON'T MISS THIS MOVE-IN-READY MULTIFAMILY OPPORTUNITY!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family,Residential
Direction Property Is Located On The Corner Of Schaefer Rd & Dora St.
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID 47001010146000
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Keller Williams Legacy