Seller's Agent in 2024
Troy Puste
EXP Realty
(734) 642-6656
4 in this area
44 Total Sales
Estimated Value: $176,000 - $194,000
Highest and Best Due 3/27 at 11am. 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.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perez Lynnette | $195,000 | Title Solutions | |
| Perez Lynnette | $195,000 | Title Solutions | |
| Puste Troy | $125,000 | Title Solutions |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2024 05/02/24 | Sold | $195,000 | +6.8% | $143 / Sq Ft |
| 03/28/2024 03/28/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | For Sale | $182,500 | -- | $134 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,784 | $89,800 | $0 | $0 |
| 2024 | $4,235 | $83,500 | $0 | $0 |
| 2023 | $3,938 | $73,700 | $0 | $0 |
| 2022 | $2,824 | $63,200 | $0 | $0 |
| 2021 | $2,760 | $55,900 | $0 | $0 |
| 2020 | $2,721 | $48,600 | $0 | $0 |
| 2019 | $2,680 | $46,200 | $0 | $0 |
| 2018 | $1,933 | $43,500 | $0 | $0 |
| 2017 | $1,342 | $43,500 | $0 | $0 |
| 2016 | $2,576 | $39,500 | $0 | $0 |
| 2015 | $3,468 | $36,700 | $0 | $0 |
| 2013 | $3,360 | $33,600 | $0 | $0 |
| 2012 | $1,706 | $35,200 | $6,400 | $28,800 |
Seller's Agent in 2024
Troy Puste
EXP Realty
(734) 642-6656
4 in this area
44 Total Sales
Buyer's Agent in 2024
Adam Rich
(248) 380-8800
1 in this area
17 Total Sales
Source: Realcomp
MLS Number: 20240017754
APN: 57-012-07-0010-000
Ask me questions while you tour the home.