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Jim Blehm

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

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464 Elm St , Wyandotte, MI 48192
$239,000
Est. Payment: $531.11/mo
0 Bed
2 Bath
0 Sqft
Status: Pending | Days on site: 3
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Turnkey Two-Unit Investment — 1,974 Sq. Ft. — Fully Occupied, $30,480/Year in Rental Income — Wyandotte. Own a fully occupied two-unit multifamily property with rental income already in place from day one. Both units feature 2 bedrooms and 1 full bathroom, currently rented for a combined $2,540/month ($1,320 + $1,220). Current tenants have a history of on-time rental payments. Each unit has its own furnace and water heater, plus fridge, stove, microwave, and washer/dryer. Tenants pay gas/electric; owner covers water/trash — low landlord overhead. Private entrance, covered front porch, storage shed on-site. Walking distance to Downtown Wyandotte, restaurants, shopping, and the Detroit River. City inspection completed; seller addressing minor items. Inspection report available to interested buyers. Pre-approval/proof of funds required for showings. 24-hr notice required — tenants occupied. Seller is a licensed Michigan real estate agent with ownership interest in the property.
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Highlights

Listed by Armita Kyani , 734-934-4772 Keller Williams Ann Arbor Mrkt , 734-995-9400.

Property Type

Multi-Family
Lot/Acreage
0.1

Year Built

1904

County

Wayne

 School District

Wyandotte

Listing ID

26043912

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Basement:Michigan Basement

Exterior Features

Garage Capacity:0
Sewer:Public Sewer
Principal Interest
$531
Taxes
$624

Home Price

$239,000

Loan Details

30 yrs
%

Down Payment

20%
$47,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$531.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $531.11 $623.68 $0.00 $1,154.79
Yearly $6,373.33 $7,484.17 $0.00 $13,857.50
Total $191,200.00 $224,525.10 $0.00 $415,725.10

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 (Wyandotte, 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.