River Rouge, MI 48218,206 Frazier ST
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River Rouge, MI 48218,206 Frazier ST
River Rouge, MI 48218,206 Frazier ST
River Rouge, MI 48218,206 Frazier ST
River Rouge, MI 48218,206 Frazier ST

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Additional details
$ 89,995
Est. payment /mo
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Pending

206 Frazier ST River Rouge, MI 48218

4 Baths

1,885 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

Purchase Type For Sale

Square Footage 1,885 sqft

Price per Sqft $47

Subdivision Fraser-Hart Sub

MLS Listing ID 20251052348

Style Duplex

Full Baths 2

Half Baths 2

Year Built 1961

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type MultiFamily

Property Description

Outstanding investment property! Great for investment purposes or live in one side and rent the other to help pay your mortgage. Home has been a cash
machine for years! Rare single-level duplex on quiet street, super close to police and fire. 3 bedrooms/ 1 bath each side. Unit #1 virtually 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. 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!
Rent increase to $1600.00-1700.00/month (for both units rented) very possible!

Location

State MI

County Wayne

Area Area05144Riverrouge

Interior

Heating Forced Air, Natural Gas

Fireplace No

Laundry ElectricDryerHookup, GasDryerHookup, InUnit

Exterior

Parking Features OnStreet

Pool None

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation CrawlSpace

Sewer Public Sewer, Separate Meters

Water Other

New Construction No

Schools

High Schools River Rouge

School District Riverrouge

Others

Senior Community false

Acceptable Financing Cash, Conventional, WarrantyDeed

Listing Terms Cash, Conventional, WarrantyDeed

Special Listing Condition AgentOwned, ShortSaleNo

Pets Allowed Yes


Realcomp MLS
Listed by Jeffrey Prowse of Key Realty - Monroe
Larry Else

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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