14
See all 14 photos
$114,995
Est. payment /mo
2 Baths
4,356 Sqft Lot
Price Dropped by $5K
206 FRAZIER Street River Rouge, MI 48218
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality River Rouge City
Subdivision River Rouge City
MLS Listing ID 20250034312
Year Built 1961
Annual Tax Amount $1,504
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 45.00 x 100.00
Source Realcomp
Property Description
Outstanding cash-flowing property! Great for investment or live in one side and rent the other to help pay your mortgage.Rare single-level duplex on quiet street. 3 bedrooms/ 1 bath each side. Unit #1 move-in ready, Unit #2 needs cosmetic rehab including some floor covering, paint, etc.Mostly hardwood floors in each unit. Home has been owned for approximately 9 years. Unit #1 tenant just moved out after 7+ years. Unit #2 tenant just moved after 9 years. Very stable occupancy! Separate utilities, owner pays water and lawn care. Police and fire very nearby. Rents were under market rates as tenants had been with home for many years. Workers have been approached many times by people wishing to rent units as soon as they became vacant! Demand is readily present!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction I-75 to Schaefer/Coolidge Hwy, left onto Frazier Street
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Schools
School District River Rouge
Others
Tax ID 50008140057002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition {"Other":true}
Listed by Key Realty