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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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22911 Hayes Ave , Eastpointe, MI 48021
$279,000
Est. Payment: $620.00/mo
0 Bed
3 Bath
0 Sqft
Status: Active | Days on site: 93
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005532 - 398798
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House 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.

Highlights

Listed by James B Saros , Jim Saros Real Estate Services , 313-886-9030.

Property Type

Multi-Family

Lot/Acreage
0.21

Year Built

1938

County

Macomb

Neighborhood

Eastpointe City

Listing ID

20261045429

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$620
Taxes
$561

Home Price

$279,000

Loan Details

30 yrs
%

Down Payment

20%
$55,800
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Monthly Price:
$620.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $620.00 $561.00 $0.00 $1,181.00
Yearly $7,440.00 $6,732.00 $0.00 $14,172.00
Total $223,200.00 $201,960.00 $0.00 $425,160.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Eastpointe, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.