$325,000
$349,900
7.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,958 SqFt
SOLD DATE : 10/04/2024
Key Details
Sold Price $325,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,958 sqft
Price per Sqft $165
Subdivision Hazel Park Sub
MLS Listing ID 60326637
Sold Date 10/04/24
Style 2 Story
Bedrooms 4
Full Baths 2
Abv Grd Liv Area 1,958
Year Built 1920
Annual Tax Amount $1,949
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40x111
Property Description
This fully remodeled and modernized duplex is a prime investment opportunity that promises excellent cash flow. Situated in a desirable neighborhood, the property boasts contemporary finishes and thoughtful upgrades that appeal to discerning tenants. Each unit features an open-concept living area, adorned with luxury engineered plank flooring, recessed lighting, and large windows that flood the space with natural light. The kitchens are equipped with high-end stainless steel appliances, quartz countertops, and sleek, custom cabinetry, making them both stylish and functional. The modern bathrooms are designed with chic tile work, modern vanities, and high-quality fixtures, providing a spa-like experience. Both units offer ample storage space, including built-ins and additional storage area in the lower level. The duplex also includes energy-efficient systems, such as new HVAC units, smart thermostats, and energy-saving windows, which reduce utility costs and increase overall tenant satisfaction. Outside, the property features well-maintained landscaping and a private backyard for each unit, ideal for outdoor relaxation or entertaining. Off-street parking and dedicated parking spaces add to the convenience and security for tenants. With its prime location close to shopping, dining, and highway, this duplex attracts a steady stream of potential renters, ensuring minimal vacancy rates. This investment not only provides great cash flow but also promises long-term value appreciation due to the quality of the remodel and the strategic location. The combination of modern amenities, efficient systems, and attractive design makes this duplex a sought-after rental property, delivering consistent and profitable returns. Potential rent income of $3,500.00 a month!
Location
State MI
County Oakland
Area Hazel Park (63257)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 2 Story
Foundation Basement
Water Public Water
Architectural Style Colonial, Other
Structure Type Vinyl Siding
Schools
School District Hazel Park City School District
Others
Ownership Private
Assessment Amount $307
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with RE/MAX Dream Properties