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2322 3rd Street
Wyandotte, MI 48192

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Property Details


List Price: $182,500
Beds: --
Baths: 2
Status: Pending
SqFt: 1360
Agency: eXp Realty LLC

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Description/Comments


Lot Size: --
Property Type: MultiFamily
Year Built: 1920
Notes: Highest and Best Due 3/27 at 11am.<br /> <br /> Great Investment Opportunity! Discover the perfect blend of comfort, convenience, and investment potential with this charming duplex nestled in the heart of Wyandotte. This unique offering is ideal for both investors and homebuyers, featuring two units, each with 2 bedrooms and 1 bathroom. These arrangements ensure ample space and privacy for occupants, making it an attractive proposition for a variety of needs. The property boasts brand new windows (2023) and a recently renovated upper unit that radiates modern living charm with its fresh and inviting atmosphere, while the first floor is currently occupied, providing immediate cash flow from the get-go. Adding to the convenience is a shared laundry facility in the basement, catering to all domestic needs without leaving the comfort of home. Situated just minutes from the renowned Henry Ford Hospital, the vibrant downtown Biddle Avenue, and within a short walk to local restaurants and bars, the location of this property promises an unbeatable lifestyle of convenience and entertainment. The previous rental history of the upper unit at $1,000 per month highlights the property's evident investment upside, showcasing substantial cash flow opportunities coupled with long-term value appreciation prospects. This duplex represents more than just a home; it's a smart investment into your future. The unique setup allows for an owner-occupant to reside in the beautifully renovated upper unit while enjoying the financial benefits generated by the income from the lower tenant. This can significantly offset mortgage payments, essentially allowing you to live for free while building equity in your investment. Embrace the opportunity to live in a vibrant community, enjoy proximity to top local amenities, and capitalize on the financial benefits this property offers. This rare find in Wyandotte is not to be missed.
MlsNumber: 20240017754


Listing Provided By: eXp Realty LLC, original listing
Name: eXp Realty LLC
Phone: (888) 501-7085
Office Name: EXP Realty
Office Phone: (313) 473-7473
Agent Name: Troy Puste
Disclaimer: Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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