1982-1984 VERNIER Road Grosse Pointe Woods, MI $ 325,000
1982-1984 VERNIER Road
$ 325,000
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1982-1984 VERNIER Road

Grosse Pointe Woods, MI, 48236
$ 325,000
Baths2.0 Sq 2,262

Monthly Estimate*

$ 2,270

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Studio

Multi-Family Home for sale in Grosse Pointe Woods, MI

for $325,000 with 2 full baths. This 2,262 square foot home was built in 1953 on a lot size of 0.16.

Looking for a turn-key rental/income producing investment property, this is the perfect situation! BOTH UNITS TENANT OCCUPIED MONTH-TO-MONTH ON LEASE HOLDOVERS. Great tenants (pay rent on time and pay for their own utilities) would love to stay for a new landlord, but not locked into a lease if someone wanted to buy to owner occupy a unit. Total rent $2700 per month. ( UPPER UNIT IS $1400/MONTH. LOWER UNIT WAS DISCOUNTED TO $1300/MONTH BECAUSE THEY HAD ENTERED INTO A 2 YEAR LEASE AT THE ONSET AND HAD A STELLAR LONG-TERM RENTAL HISTORY AT PREVIOUS ADDRESS.) Could easily be higher but current owners love these great tenants and have not raised rent on them. Beautiful, super clean, upper/lower apartments each with 1150 square feet, two bedrooms/1 bath. Beautifully refinished hardwood floors throughout each. Fireplace in each unit. Updated vinyl windows (2014) and blinds t/o. New roof (2019). Newer furnaces (2) and a/c (2) in July of 2021. Separete utility meters. Per original lease, tenants pay all utilities including water split between units. Lower unit kitchen remodeled with ceramic tile floors, white appliances including diswasher, white cabinets, granite counters & subway tile backsplash. Direct entry to the kitchens in both units from the hall. Baths in both units with updated vanities and quartz vanity counters. Upper unit has a walkin storage closet in the hall adjacent to the unit. Common shared basemnt is divided with separate fenced storage and laundry areas. Two car shared garage. Owner is in the process of renewing the 2-year rental certification through the city and will provide C OF O at closing. New owner must just register to transfer the rental cert in their name. DID I SAY THESE ARE GREAT TENANTS??? Nothing to do but close and start collecting rents:)

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Multi-Family Pending

Price

$ 325,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 9,471

Style

Colonial

Lot Size

0.16

Year Built

1953

Town/City

Grosse Pointe Woods

County/Region

Wayne

MLS | Web ID

60297930

Features
General
Interior Features DSL Available
Heating Forced Air
Cooling Ceiling Fan(s) Central A/C
Possession See Remarks (Possession)
Exterior Features Fenced Yard Porch
Water Public Water
Status Pending Pending
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1953
Parking Garage
Subdivision MARKS & MAHONEY SUB NO 1-G.PTE WDS
Water Heater Gas
Style Colonial
County Wayne
Class MULTIFAMILY
Type Multi-Family
Percent Ownership Private
Municipality Grosse Pointe Woods
Structure Style 2 Story
Area Grosse Pointe Woods (82333)
Directions NORTH SIDE OF VERNIER WEST OF MACK
City Grosse Pointe Woods
School District Grosse Pointe Public Schools
Street Name VERNIER
Financial Terms Cash Conventional
Legal Description WDZYT21B ELY 50 FT OF LOT 21 MARKS AND MAHONEY SUB NO 1 PC249 L74 P91 WCR K 56.61
DOM 3
Price Per Sq Ft 143.68
Coming Soon Looking for a turn-key rental/income producing investment property
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Interior
Basement Block Common
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Brick
Frontage 50
Lot Size Area 0.16
Lot Dimensions 50.00 x 140.00
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Kristyn St Clair

Listing Agent

Exp Realty - Northville

Broker

kristyn@kristynstclair.com

Email

Affordability Calculator

$3,059
Per Month
74%
26%
0%
Monthly Principal & Interest
$2,270
Monthly Property Taxes
$789
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
759686 Elementary School
759732 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2024$325,000 Listed Price

Map


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1982-1984 VERNIER Road, Grosse Pointe Woods, MI, 48236 is a Multi-Family Home for sale at $325,000 with 2,262 sqft and a lot size of 0.16. 1982-1984 VERNIER Road is a studio with 2.0 baths and was built in 1953. The property's zip code is 48236 which is in Grosse Pointe Woods, MI