2539 DAVID Street Melvindale, MI $ 174,900
2539 DAVID Street
$ 174,900
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2539 DAVID Street

Melvindale, MI, 48122
$ 174,900
Baths2.0 Sq 1,920

Monthly Estimate*

$ 1,222

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Studio

Multi-Family Home for sale in Melvindale, MI

for $174,900 with 2 full baths. This 1,920 square foot home was built in 1924 on a lot size of 0.09.

Highest & Best Offers Due by 6 pm April 2nd Great Investment Opportunity! Discover the perfect blend of comfort, convenience, and investment potential with this charming duplex. This unique offering is ideal for both investors and homebuyers, featuring two units, each with 2 bedrooms and 1 bathroom. These arrangements ensure ample space and privacy for occupants, making it an attractive proposition for a variety of needs.  Adding to the convenience is a shared laundry facility in the basement, Showcasing substantial cash flow opportunities coupled with long-term value appreciation prospects. This duplex represents more than just a home; it's a smart investment into your future. The unique setup allows for an owner-occupant to reside in one unit while enjoying the financial benefits generated by the income from the tenant. This can significantly offset mortgage payments, essentially allowing you to live for free while building equity in your investment. Capitalize on the financial benefits this property offers. All measurements are approximate. Have buyers agent verify. Please take off shoes or use shoe coverings. Thank you for showing! Excludes curtains and curtain rods. Contingent on Seller finding home of choice.

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Multi-Family Pending

Price

$ 174,900

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,213

Style

Colonial

Lot Size

0.09

Year Built

1924

Town/City

Melvindale

County/Region

Wayne

MLS | Web ID

60295871

Features
General
Heating Forced Air
Cooling Central A/C
Possession Close Plus 31-60 Days
Exterior Features Fenced Yard Porch Exterior Balcony
Water Public Water
Status Pending Pending
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1924
Subdivision PENN PARK SUB MI
Water Heater Gas
Style Colonial
County Wayne
Class MULTIFAMILY
Type Multi-Family
Percent Ownership Private
Municipality Melvindale
Zoning Multi-Family
Structure Style 2 Story
Area Melvindale (82142)
Primary City Melvindale
Directions 75 North to Detroit Take exit 40 for Dix Hwy toward London Ave Turn right onto David St
City Melvindale
School District Melvindale Northern Allen Park
Street Name DAVID
Financial Terms Cash Conventional FHA VA
Legal Description F189 LOT 189 PENN PARK SUB PC 671 L45 P45 WCR
DOM 10
Postal Code 48122
Price Per Sq Ft 91.09
Coming Soon Highest & Best Offers Due by 6 pm April 2nd Great Investment Opportunity! Discover the perfect blend of comfort convenience
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Interior
Basement Block
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Brick Vinyl Siding Asphalt
Frontage 35
Lot Size Area 0.09
Lot Dimensions 35.00 x 105.70
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Jerry Johnson

Listing Agent

Exp Realty

Broker

johnsonjerry2467@gmail.com

Email

Affordability Calculator

$1,489
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,222
Monthly Property Taxes
$268
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1342501 Elementary School
1342504 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/24/2024$174,900 Listed Price

Map


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2539 DAVID Street, Melvindale, MI, 48122 is a Multi-Family Home for sale at $174,900 with 1,920 sqft and a lot size of 0.09. 2539 DAVID Street is a studio with 2.0 baths and was built in 1924. The property's zip code is 48122 which is in Melvindale, MI