$114,995
206 frazier street, river rouge, MI 48218
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!
General Information
Price: $114,995
Price/SqFt: $61
Status: Active
MLS#: 20250034312
City: river rouge
Post Office: river rouge
Schools: river rouge
County: Wayne
Subdivision: fraser-hart sub
Acres: 0.1
Lot Dimensions: 45.00 x 100.00
Bedrooms:0
Bathrooms:2 (2 full, 0 half)
Size: 1,885 sq.ft.
Acreage: 0.1 est.
Year Built: 1961
Property Type: Multifamily
Style: 1 Story
Features & Room Sizes
Exterior: Asphalt
Basement: 0
Heating: Forced Air, Separate Meters
Heating: Forced Air, Separate Meters
Tax, Fees & Legal
Est. Summer Taxes: $1,059
Est. Winter Taxes: $445
Est. Winter Taxes: $445
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Jeffrey Prowse of Key Realty, Phone: (734) 288-8411
