$500,000
$50K PRICE DROP

2952 Prynne St Keego Harbor, MI 48320

Estimated payment $3,084/month

Total Views 244
6 Beds
5 Baths
3,400 Sq Ft
$147 Price per Sq Ft

Highlights

  • 0.25 Acre Lot
  • Ranch Style House
  • Porch
  • Roosevelt Elementary School Rated A-
  • Balcony
  • 4-minute walk to Fran Leaf Park

About This Home

This is a fantastic opportunity to own this multi-tenant property with two buildings on two commercial lots, offering a total of five units. Ideal for investors seeking steady income and long-term value, the property is located in the West Bloomfield School District and is
currently fully occupied. The property has been well-maintained, with replacements made as needed.
Some units have newer flooring, and all have separate entrances. Each unit features its own thermostat, with the heating system set up in zones. The roof is under 10 years old, and new water heaters were installed in
2023. The standalone building includes a two-car garage attached in the back alleyway, currently utilized by the seller. There are a total of 10 individual parking spaces in addition to the two-car garage. The estimated total square footage for both buildings is 3,400 sq. ft., with two units approximately 1,000 sq. ft. each, one unit estimated at 600 sq. ft., and two more units estimated at 400 sq. ft. each. City rental certificates are current, and the buildings could be used for commercial purposes on the main floors, with private rentals in the upper and lower units.

Keego Harbor is known as the heart of the lakes, and all tenants will have access to the two public beaches and eight parks throughout the city. Tenants will also have access to the West Bloomfield Trail along the town's southern boundary, offering scenic biking and walking opportunities. Keego Harbor features 15 retailers and a dozen restaurants within walking distance of the property, contributing to a vibrant community atmosphere.
Please reach out with any questions or to schedule a tour. We look forward to helping you explore this fantastic investment opportunity.

Listing Agent

Pamela McCoy

Benchmark Realty Group Inc License #6501408351 Listed on: 05/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 93 x 115
  • Property fronts a private road
  • Private Entrance
  • Fenced

Parking

  • 10 Car Garage

Home Design

  • 3,400 Sq Ft Home
  • Quadruplex
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding
  • Chimney Cap

Bedrooms and Bathrooms

  • 5 Full Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Utilities

  • Window Unit Cooling System
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • ENERGY STAR Qualified Water Heater
  • Natural Gas Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 361801303021

Community Details

Overview

  • 5 Units
  • Evergreen Village Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,315

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex, Ranch, Upper/Lower Apartment
  • Architecture Level: 1 Story
  • Year Built: 1927
  • State Equalized Value: 82990.0000
  • Year Renovated: 1927
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Smoke Alarm, Circuit Breakers, Fuses
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Sq Ft Combined: 4200
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 3400
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick, Stone
  • Exterior Features: Chimney Cap(s), Lighting, Private Entry, Fenced
  • Foundation Materials: Block, Poured
  • Frontage Feet: 93
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Private
  • Fencing: Fenced, Fence Allowed

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage, Paved
  • Total Parking Spaces: 10

Utilities

  • Heating Fuel: Electric
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: ENERGY STAR® Qualified Water Heater, Natural Gas
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 19119.43

Schools

  • School District: West Bloomfield

Lot Info

  • Lot Size Area: 0.25
  • Lot Dimensions: 93 x 115
  • Parcel Number: 361801303021
  • Zoning: Commercial, Multi-Family

Rental Info

  • Rent Includes: Heat, Electric, Water
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 3650

Tax Info

  • Tax Amount Summer: 4187.0000
  • Tax Amount Winter: 128.0000
  • Total Tax: 4315.0000
  • Taxable Value: 74170.0000

Multi Family

  • Gross Scheduled Income: 43800.00
  • Number Of Units Total: 5
  • Unit Count: 5
  • Number of One Bedroom Units: 4
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 5

MLS Schools

  • School District: West Bloomfield

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $500,000 -9.1% $147 / Sq Ft
05/12/2025 05/12/25 For Sale $550,000 -- $162 / Sq Ft
Source: Realcomp

Source: Realcomp

MLS Number: 20250033686

Realcomp