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Jim Blehm

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

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338 Goddard St , Wyandotte, MI 48192
$199,000
Est. Payment: $442.22/mo
0 Bed
2 Bath
0 Sqft
Status: Active | Days on site: 8
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House Description

TURN-KEY investment opportunity with this Wyandotte duplex, that offers two separate houses on one parcel. Excellent revenue on the tenant occupied units just minutes away from downtown Wyandotte. One unit has recently signed a 2yr -long lease agreements, providing immediate and stable rental income. Other tenant has been there for 20+ years. Front house is approximately 694 sq ft, 2 bedroom 1 bath, recently updated with new kitchen, bath, flooring, and fresh paint. Back house is approximately 600 square ft, cozy 2 bedroom 1 bath. Back house has a large area for storage in attic, with separate entrance in backyard. A unique bonus feature is a large city owned side lot that is maintained by current owner/tenants, and permitted for use. Tenants are responsible for all utilities except water. Certificate of compliance from the city has been uploaded in the docs, and does not expire until Nov 2030. Please do not approach tenants. New furnaces, water tank and cosmetics have been updated. Walk though upon accepted offer. Total yearly revenue of almost $30k.

Highlights

Listed by Erica Hussey , 734-658-7039 Real Estate One-Southgate , 734-284-5400.

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

1912

County

Wayne

Neighborhood

Wyandotte City

School District

Wyandotte

Listing ID

20261069471

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:
Basement:Crawl Space
Water:Public

Exterior Features

Principal Interest
$442
Taxes
$295

Home Price

$199,000

Loan Details

30 yrs
%

Down Payment

20%
$39,800
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Monthly Price:
$442.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $442.22 $295.25 $0.00 $737.47
Yearly $5,306.67 $3,543.00 $0.00 $8,849.67
Total $159,200.00 $106,290.00 $0.00 $265,490.00

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 (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.