One property, endless possibilities in the heart of Wyandotte! Whether you're looking for an income-producing investment or dreaming of creating a truly one-of-a-kind personal residence, this unique property offers incredible versatility in a prime location! Situated on a spacious corner lot directly across from the hospital and within walking distance… Read More of vibrant Downtown Wyandotte, restaurants, shopping, and waterfront attractions. Currently utilized as a multi-unit rental generating $2,510/month in rental income ($30,120 annually), with all tenants on month-to-month leases, offering flexibility for its next owner! The upper level features an open studio apartment renting for $550/month, the spacious two-bedroom main-level unit rents for $1,300/month and offers an open kitchen and dining area plus a charming sunroom, while the finished lower level rents for $660/month and features an additional bedroom, kitchenette, living space, common area, and storage. The entire home underwent an extensive gut renovation approximately 18 years ago, including the roof and windows. The property features one shared furnace, A/C system, and hot water tank. But the possibilities don't stop inside! The standout feature is the extraordinary detached garage, previously used as a recording studio with premium soundproofing, in-floor radiant heat, kitchenette, restroom, and shower! Imagine the ultimate entertainment space, creative studio, hobby retreat, or private hangout. Outside, enjoy a fully fenced yard with white vinyl privacy fencing, established landscaping, a dedicated trailer storage area, and a unique dog kennel with its own doghouse and turf space. Continue enjoying rental income or explore the potential to reimagine this property as a distinctive single-family home with incredible bonus spaces. An exceptional opportunity to invest, create, and make something truly your own in one of Wyandotte's most desirable locations! Read Less
Courtesy of Options Realty LLC, Samantha Thomas, 734-506-0077.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Multi-Family
Square Ft.
1,716
Lot Size
0.09 Acres
MLS Number
61040114
30 Days Snapshot Of 48192
$81k
-42%
(avg) sold price
2
-33%
homes sold
12
-60%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Basement
Block, Finished
Building
1,716 square feet, 3 total units, Built in 1899, Style: 2 Story, Bungalow, Colonial
Community
Laundry Facility
Cooling
Central A/C
Exterior Features
Vinyl Siding
Foundation
Basement
Water Features
Public Water
Heating
Natural Gas, Forced Air
Income
Net operating income: $30,120
Lot
Lot size: 35X90, 0.09 acres
Parking
On Street
Taxes
Total amount: $6,054
Unit One
Rent: $1,300
Unit Two
Rent: $660
Unit Three
Rent: $550
Unit Five
Bedroom 2 width: 35
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