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140 LAPRAIRIE Street

$ 389,000


Excellent investment opportunity in Ferndale. Two townhouse style duplexes each with private entry front and back doors. Living room, dining room and eat in kitchen. Upstairs two bedrooms and a den. Full bath. Lots of beautiful wood floors and banisters. Loads of charm! Basement in each building with laundry. Plenty of off street parking in back. Each unit has it own gas and electric meter. Water bill covers all four units and is split between tenants. Completely rented and loved by its tenants.

Address: 140 LAPRAIRIE ST
Zip: 48220
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Property Id : 29522
Price: $ 389,000
Bedrooms: 4
Bathrooms: 4
Building size: 0.20 acres
Available Space: 2130 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Duplex,Quadruplex,Townhouse
Assessment: 0
Basement Type: Unfinished
Baths Full: 4
Baths Half: 0
Construction Materials: Stucco/EIFS,Vinyl
County Or Parish: Oakland
Directions: In on LaPrairie
Directions From EastWest: W
Directions From EastWest Detail: Woodward
Directions From NorthSouth: N
Directions From NorthSouth Detail: Eight Mile
DOM: 1
Foundation Details: Basement
Foundation Materials: Block
Gross Scheduled Income: 44700.00
Heating: Forced Air,Separate Meters
Heating Fuel: Natural Gas
Income Projection: Projected
Last Change Type: New
List Office Name: Penny Smith Realty LLC
List Price By Acre: 1945000.0000
Lock Box Type: Appointment
Living Area Source: Assessor
Lot Size Dimensions: 1.00X8971.00
MLS: Realcomp II Ltd
MLS Area Major: Ferndale
MLS Area Major Number: 02258
MLS Number: 2200045913
MF Parking: Unassigned/General
Monthly Rental Income: 3725
Number Of Units Leased: 4
Annual Net Income: 26000.00
Number Of Units Total: 4
Original List Price: 389000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 2534378053
Postal City: Ferndale
Postal Code Plus 4: 2410
Property Type: Multifamily
Protection Period: 45
Parking Total: 8
Pets Allowed: Yes
Rent Includes: Garbage Pickup,Yard Maintenance
Road Frontage Type: Paved
Room Count: 0
School District: Ferndale
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
State Equalized Value: 167070.0000
Street Name: LAPRAIRIE
Street Number: 140
Street Suffix: Street
Subdivision Name: WOODWARD FARMS
Sqft Combined: 2130
Sqft Total Bsmt: 2000
Table: Multi Family
Tax Amount Summer: 11358.0000
Tax Amount Winter: 267.0000
Tax Legal Description: T1N, R11E, SEC 34 WOODWARD FARMS SUB PART OF LOT 216 BEG AT NW COR OF LOT 216, TH N 88-33-00 E 127.50 FT, TH S 01-48-00 E 64.70 FT, TH S 88-33-00 W 54.50 FT, TH S 01-48-00 E 9.90 FT, TH S 88-33-00 W 73 FT, TH N 01-48-00 W 74.60 FT TO BEG 8-31-88 FR 043
Title: Private - Owned
Total Tax: 11625.0000
Unit Count: 1
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 4
Water Source: Municipal Water
Year Built: 1940
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Exclusions: Yes
Existing Lease: Yes
Inventory List: No
Land Contract: No
Legal Rental Certified: Yes
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via Penny Smith Realty LLC and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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