2231 ANDRUS Street Hamtramck, MI ^$ 229,900

2231 ANDRUS Street

^$ 229,900

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2231 ANDRUS Street

Hamtramck, MI, 48212

^$ 229,900

Studio Baths2.0 Sq 1,650

Monthly Estimate*

^$ 1,606

2231 ANDRUS Street, Hamtramck, MI 48212 - Image 1

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2231 ANDRUS Street, Hamtramck, MI 48212 - Image 9

Studio

Multi-Family Home for sale in Hamtramck, MI

for $229,900 with 2 full baths. This 1,650 square foot home was built in 1917 on a lot size of 0.07.

Exciting investment opportunity to acquire a 2 unit apartment building located in Hamtramyck, one of Metro Detroit's fastest growing sub-markets! Well cared for building with numerous big ticket updates. Upper and lower 3 Bedroom apartments with separate utilities paid for by tenants. Open concept kitchens. Efficient unit layouts ideal for today's tenant living standards. Lower apartment currently leased at $1000/ month and upper leased at 1075 a month. Both units rented at great lease rates making this a turnkey cash flowing investment property! One unit lease ends at the end of August offering an owner occupant option. Live in one and have the other pay for carrying costs. DO NOT DISTURB TENANT. PROPERTY TOURS BY APPOINTMENT ONLY

Multi-Family Active

Price

^$ 229,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,455

Style

Colonial

Lot Size

0.07

Year Built

1917

Town/City

Hamtramck

County/Region

Wayne

MLS | Web ID

60241642

Features

General

Heating Forced Air

Possession At Close

Water Public Water at Street

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1917

Subdivision CORLISS & ANDRUSS SUB MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Hamtramck

Zoning Multi-Family

Structure Style 2 Story

Area Hamtramck (82056)

Primary City Hamtramck

Directions Turn left onto Andrus from Joseph Campau

City Hamtramck

School District Hamtramck Public Schools

Street Name ANDRUS

Financial Terms Cash Conventional FHA VA

Legal Description LOT 387 CORLISS AND ANDRUSS SUB 1/4 SEC 42 10 000 A.T. L9 P71 WCR

DOM 270

Postal Code 48212

Price Per Sq Ft 139.33

Coming Soon Exciting investment opportunity to acquire a 2 unit apartment building located in Hamtramyck

Exterior

Exterior Vinyl Siding

Frontage 30

Lot Size Area 0.07

Lot Dimensions 30.00 x 100.00

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Spencer Ray

Listing Agent

Jim Saros Real Estate Services

Broker

sray@sarosres.com

Affordability Calculator

$2,061

Per Month

Monthly Principal & Interest: $1,606
Monthly Property Taxes: $455
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Hamtramck, MI

Average List Price ^$240,165

Percent of Sale Price 4%

About Hamtramck, MI

22,730 Population

-1% Since 2002

^$23,791 Median Income

31.79 Median Age

41% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760030 Elementary School

759787 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/28/2023	$229,900		Listed Price

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2231 ANDRUS Street, Hamtramck, MI, 48212 is a Multi-Family Home for sale at $229,900 with 1,650 sqft and a lot size of 0.07. 2231 ANDRUS Street is a studio with 2.0 baths and was built in 1917. The property's zip code is 48212 which is in Hamtramck, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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2231 ANDRUS Street

Multi-Family Home for sale in Hamtramck, MI

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