MLS Public Remarks LOCATED INSIDE THE SUBURBAN CITY OF RIVER ROUGE, YOU WILL FIND 1174 COOLIDGE NESTLED ON A 4,008 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX BOAST TWO 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS ALL NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. ALL ELECTRICAL, PLUMBING, HVAC AND BUILDING PERMITS WERE JUST APPROVED THIS YEAR. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1217 AND $1276 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.
http://www.www.johnstoneandjohnstone.com.com/20240006529
Township River Rouge
Directions Coolidge
Fin Below Grd SqFt 0
Total Fin SqFt 1,666
Price/SqFt $89
Unfinished SqFt 0
Above Grade Finished SqFt 1,666
CDOM 97
Sub Property Type Multifamily
Year Built 1920
Days on Market 97
Land Assessment -
Improvements $150000
Net Taxes $2491
Acreage 0.09
Taxes -
Tax Year -
Summer Taxes $1927
School District River Rouge
Winter Taxes $564
Subdivision Burke And Riopelles Sub
Lower Level Square Footage 0
Waterview N
Number of Units 2
Waterfront N
For Lease/Rent N
Est. Total Acres 0.09
Lot Dimensions 40.00 x 100.00
WaterFrontage
0
Heating Forced Air, Natural Gas
Water Water at Street
Basement Y
Heating Forced Air, Natural Gas
Garage 0.0
Architecture 2 Story
Basement details Unfinished
Sewer Sewer at Street
Home Style Other
Possession At Close
Exterior Materials Other
Status Change Date 02/02/2024
Listing Date 02/02/2024
Internet/IDX Y
Named Exceptions Y
Listing Office
1st Michigan Real Estate
Office Address
125 Arcola
Listing Number
20240006529
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Saturday, May 11, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
