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3346 Irene Street

Inkster, MI 48141
  • $75,000
  • STATUS: Active
  • ON SITE: 108 Days
  • ID#: 2210063570
$75,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,160
    SQFT
  • $35
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1949
County:
Area:
Zoning:
Multi-Family
Lot Size Dimensions:
35.00X129.50

School Ratings & Info

School District:

Description

Great rental option in Inkster with this brick Triplex. 3 BR unit on ground floor, 2 BR unit upstairs and 2BR in basement unit.Property in reasonable condition with majority of work needed on fire escape to upper unit (not to code) and basement unit needs work. Nothing on the market like this in the area, difficult to get comps if looking to flip but could give another investor still over 14% CAP rate at $140K sell. Rental return once finished could easily be over $20% NETT P/A particularly if interested in Section 8 tenants.

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-26T23:55:55.757.
www.gkrealestateteam.com/homes/120261953
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3346 Irene Street Inkster, MI 48141

  • Price: $75,000
  • Status: Active
  • On Site: 108 Days
  • ID#: 2210063570
0
Beds
3
Baths
0
½ Baths
0.1
Acres
2,160
SQFT
$35
$/SQFT
1949
Built
Neighborhood:
DEARBORN ACRES SUB NO 2
County:
Wayne
Area:
Inkster
School District:
TAYLOR
Property Description
Great rental option in Inkster with this brick Triplex. 3 BR unit on ground floor, 2 BR unit upstairs and 2BR in basement unit.Property in reasonable condition with majority of work needed on fire escape to upper unit (not to code) and basement unit needs work. Nothing on the market like this in the area, difficult to get comps if looking to flip but could give another investor still over 14% CAP rate at $140K sell. Rental return once finished could easily be over $20% NETT P/A particularly if interested in Section 8 tenants.
Exterior Features

Architecture Level 2 Story Architecture Style Triplex Construction Materials Brick Foundation Details Basement Foundation Materials Block Lot Size Dimensions 35.00X129.50 Pool YN No Porch Type Porch - Covered Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type FinishedPrivateWalk-Up Access Basement YN Yes Baths Total 3.00 Heating Forced Air Heating Fuel Natural Gas Living Area Source Prior Listing Room Count 0 Sq Ft Combined 3240 Sq Ft Lower Floor 1080 Sq Ft Total Basement 1080 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 1 Unit Two Bed Number Of 2 Water Heater Fuel Natural Gas

Property Features

Assessment 83 Down Payment Resource YN Yes Encroachment YN No Exclusions YN No Existing Lease YN No Gross Scheduled Income 25200.00 Income Projection Projected Land Contract YN No Listing Financing CashConventional Monthly Rental Income 2100 Net Operating Income 19920.00 Number Of Units Leased 0 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed NoYes Postal City Inkster Protection Period 90 Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 1682.0000 Tax Amount Winter 781.0000 Title Private - Owned Total Tax 2463.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 3346 Irene St Water Source Municipal Water Zoning Multi-Family

IDX provided courtesy of Realcomp II Ltd., via Exp Realty Llc and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-26T23:55:55.757.
 
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