$525,000

69 E Great Lakes St River Rouge, MI 48218

Estimated payment $3,516/month

Total Views 9,046
10 Beds
6 Baths
5,061 Sq Ft
$104 Price per Sq Ft

Highlights

  • 0.17 Acre Lot
  • Entrance Foyer
  • Heating system powered by renewable energy
  • Brownstone
  • High-Efficiency Water Heater

About This Home

Fully Remodeled in 2017/2018 with all permits (See sharp interior photos!). In 2017, all new Electrical, plumbing, HVAC, new kitchens & new bathrooms. This building has four 2-bedroom units with large living rooms and bathrooms, currently at below market rents & two 1-bedroom units with accommodating comfortable amenities throughout. City inspections are yearly. This property is ideal for investors looking for steady income and low maintenance.

Listing Agent

Shannon McDougal

Gemstone Realty License #6502353700 Listed on: 05/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1940 | Remodeled in 2017

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60.00 x 126.60

Parking

  • On-Street Parking

Home Design

  • Brownstone
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 6 Full Bathrooms
  • 5,061 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Partially Finished Basement
  • Basement Window Egress

Accessible Home Design

  • Accessible Common Area

Utilities

  • Heating system powered by renewable energy
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High-Efficiency Water Heater
  • Natural Gas Water Heater

Community Details

  • 6 Units
  • River Rouge Improvement Cos Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50005110250000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,686

Year Built

Built in 1940 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Brownstone
  • Architecture Level: 3 Story
  • Year Built: 1940
  • State Equalized Value: 78300.0000
  • Year Renovated: 2017
  • Accessibility Features: Accessible Common Area
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Circuit Breakers, Egress Window(s), Entrance Foyer
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 6361
  • Sq Ft Lower Floor: 1300
  • Total Sq Ft: 5061
  • Sq Ft Total Bsmt: 2600

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block, Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: ENERGY STAR® Qualified Furnace Equipment, Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: High-Efficiency/Sealed Water Heater, Natural Gas
  • Water Source: Community

Schools

  • School District: River Rouge

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 60.00 x 126.60
  • Parcel Number: 50005110250000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 4800

Tax Info

  • Tax Amount Summer: 5379.0000
  • Tax Amount Winter: 2307.0000
  • Total Tax: 7686.0000
  • Taxable Value: 78300.0000

Multi Family

  • Gross Scheduled Income: 57600.00
  • Number Of Units Total: 6
  • Unit Count: 2
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: River Rouge

Map

Range of Values:

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Average Value
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List 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
05/07/2025 05/07/25 For Sale $525,000 +1106.9% $104 / Sq Ft
02/18/2015 02/18/15 Sold $43,500 -33.1% $5 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $65,000 -- $8 / Sq Ft
Source: Realcomp

Source: Realcomp

MLS Number: 20250033272

Realcomp

Michigan Wayne County River Rouge 48218

69 E Great Lakes St, River Rouge, MI

This home is located at 69 E Great Lakes St, River Rouge, MI 48218 and is currently priced at $525,000, approximately $103 per square foot. This property was built in 1940. 69 E Great Lakes St is a home located in Wayne County with nearby schools including Ann Visger K-5 Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes
Listing Agent
Shannon McDougal
Section Image
Gemstone Realty
(248) 755-1995