$795,000
71 e great lakes street, river rouge, MI 48218
Property Description
Fully Remodeled in 2017/2018 with all permits. (See interior photos!) Property has 10 units, all 1 bedroom units where the tenants pay for their own gas & Electric with DTE (Each unit is individually metered). All tenants are on month to month agreements and aware of sale and potential rental increases. Maintenance should be normal to minimal as each year we have city inspections. All the units have the same footprint (Wear and tear will be different per unit). This property is ideal for investors looking for steady income and low maintenance.
General Information
Price: $795,000
Price/SqFt: $104
Status: Active
MLS#: 20250033207
City: river rouge
Post Office: river rouge
Schools: river rouge
County: Wayne
Subdivision: river rouge improvement cos sub no 2
Acres: 0.13
Lot Dimensions: 45.00 x 127.60
Bedrooms:0
Bathrooms:10 (10 full, 0 half)
Size: 7,650 sq.ft.
Acreage: 0.13 est.
Year Built: 1940
Property Type: Multifamily
Style: 3 Story
Features & Room Sizes
Exterior: Brick
Basement: 1
Cooling: ENERGY STAR® Qualified A/C Equipment
Heating: ENERGY STAR® Qualified Furnace Equipment
Cooling: ENERGY STAR® Qualified A/C Equipment
Heating: ENERGY STAR® Qualified Furnace Equipment
Tax, Fees & Legal
Est. Summer Taxes: $6,661
Est. Winter Taxes: $2,799
Est. Winter Taxes: $2,799
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Shannon McDougal of Gemstone Realty, Phone: (248) 755-1995
