22911 Hayes Avenue, Eastpointe, MI 48021 1530

$290,000
3
BA
1,826
SqFt

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List Price
$290,000
Status
ACTIVE
MLS#
61002980
Days on Market
41
Style
Colonial
Year Built
1938
Bathrooms
3
Acres
0.21
Living Area
1,826
Municipality
Eastpointe
Region
Eastpointe
Township
Eastpointe
Subdivision
Bell Realty Co Hfw Park

Property Description

Rare 3 unit apartment building investment opportunity in Eastpointe! Offering the chance to generate passive income or "house hack" by living in one unit while renting out the other two to help offset your mortgage and expenses. This well-maintained 3-unit property offers strong income potential, with projected monthly rents totaling $2,850. The first-floor unit features 2 bedrooms and 1 full bathroom, complete with a brand new kitchen and updated bathroom. Upstairs, the 1-bedroom, 1-bath unit also boasts updated kitchen and bathroom finishes. These units also have all new flooring, paint, & window shades. The studio unit is currently tenant-occupied at $800 per month, providing immediate income. Thoughtfully maintained throughout, the property includes replacement windows, a new water heater, separate electrical service with circuit breakers for each unit, and common laundry facilities in the basement. The building is serviced by one furnace. Outside, you'll find a generously sized lot with three off-street parking spaces. Perfect for both owner-occupants and investors, this clean, well-kept property is full of potential! Showings are available for the two vacant units only, with access to the occupied studio unit provided upon an accepted offer.

Additional Information

Lot Dimensions
40 x 225
Heating
Forced Air
Basement
Yes
Basement Description
Block
Foundation
Basement
Water
Public
School District
Eastpointe Community Schl

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Calculator source: Real Geeks

Listing Courtesy of Jim Saros Real Estate Services, Office Phone: 313-886-9030

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.