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140 LAPRAIRIE Street

$ 389,000
140 LAPRAIRIE ST ,
52
Active

Description

Great investment opportunity 100% Tenant occupied Property has 2 townhouse style duplexes with private entry. Each unit has living room, kitchen, two bedrooms, den (which could be 3rd bedroom without a closet) and full bath, plus walkup stairs to 3rd floor/attic. Shared basement in each building with laundry. Parking lot in back with 8 spots to share. Each unit has own gas and electric meters, and one water meter on each building. Great rental unit easy to lease when needed, all 4 units are currently leased.***Owner also has 7 single family homes that could be sold as a package at a discount***

Address: 140 LAPRAIRIE ST
City:
State/County:
Zip: 48220
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Property Id : 26774
Price: $ 389,000
Bedrooms: 4
Bathrooms: 4
Building size: 0.20 acres
Available Space: 4260 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Duplex,Quadruplex
Assessment: 596
Basement Type: Common,Unfinished
Baths Full: 4
Baths Half: 0
CDOM: 52
Construction Materials: Stone
County Or Parish: Oakland
Directions: North off 8 Mile
Directions From EastWest: E
Directions From EastWest Detail: Woodward
Directions From NorthSouth: N
Directions From NorthSouth Detail: 8 Mile
DOM: 52
Exterior Features: Private Entry
Foundation Details: Basement
Foundation Materials: Block
Frontage Feet: 7
Gross Scheduled Income: 43200.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Projected
Last Change Type: Price Decrease
List Office Name: Keller Williams Paint Creek
List Price By Acre: 1945000.0000
Lockbox Location: See Remarks
Lock Box Type: Appointment/LockBox
Living Area Source: Estimated
Lot Size Dimensions: 70 x 127
MLS: Realcomp II Ltd
MLS Area Major: Ferndale
MLS Area Major Number: 02258
MLS Number: 219109801
MF Parking: Unassigned/General
Monthly Rental Income: 3600
Number Of Units Leased: 4
Annual Net Income: 25000.00
Number Of Units Total: 4
Original List Price: 399000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 2534378053
Postal City: Ferndale
Postal Code Plus 4: 2410
Property Type: Multifamily
Protection Period: 180
Parking Total: 8
Pets Allowed: Yes
Porch Type: Porch
Rent Includes: Snow Removal,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: 4260
Sqft Total Bsmt: 2000
Table: Multi Family
Tax Amount Summer: 11358.0000
Tax Amount Winter: 262.0000
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: 11620.0000
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: Residential
Customer Comment: Yes
Encroachment: No
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 Keller Williams Paint Creek and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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