$195,000

Estimated payment $1,134/month

Total Views 21,430
7 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Gated Community
  • Two Heating Systems
  • Paved or Partially Paved Lot

About This Home

Discover a charming, fully occupied two-flat that offers immediate income potential. Unit 1 has been recently renovated with modern finishes, and each unit features its own separate HVAC system and hot water heater for added efficiency. There's also significant opportunity to increase rent, making this property an ideal investment for the savvy buyer. Second floor duplexes up to additional bedroom, bathroom and den. Near transportation.

Listing Agent

Dimitris Mellos

James Group Properties LLC License #471007653 Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $954

Year Built

  • Built in 1886 | Remodeled in 2020

Lot Details

  • Lot Dimensions are 25x125
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Building Details

  • Water Sewer Expense $881
  • Gross Income $37,620
  • Net Operating Income $36,665

Additional Features

  • 2 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$954

Year Built

Built in 1886 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1886
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Special Features: 1028
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 7
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • List Price: 195000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, On Site, Owned
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 881

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 36665
  • GrossIncome: 37620
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 954.38
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

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Average Value
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Sold Price
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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
05/29/2025 05/29/25 For Sale $195,000 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12378593

Midwest Real Estate Data (MRED)