4 Bedroom Home near Down Town and EMU
Use as 2 Individual Units Multi-family Income Property or Single Family Residence: This property is conveniently located close to Eastern Michigan University campus and walking distance to Downtown, restaurants, Depot Town and parks. There are 2 total units, which includes two, 2 bedroom 1 Bath flats ( each W/ full bathroom and separate kitchen and living rooms). Each unit could rent for $800/MO with a cash on cash return on investment of nearly 20% . Please see attached operating statement link below for more details.
This home is also on a double deep lot backing to another street that could be built on or sold off separately to minimize the investment cost. See Video walk through below.
Each Unit Includes:
Additional Features: This property provides easy access to downtown, EMU and I-94 for commuters. Can be used as single family home or duplex (owner occupied here too or otherwise). Currently there is one furnace but two electric services if desired. Could also separate the heating with installation of second furnace.
Please CALL 734-996-0000 to set up a showing today!
Property information deemed reliable but not guaranteed and should be verified.