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139 Draper Avenue, 
Waterford, MI 48328

$265,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Ralynda Moore

Kw Professionals

734-459-4700

MLS#

24027079

Source:

MI MICHRIC

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About This Home

139 Draper Avenue

3 UNIT MULTI-FAMILY DWELLING, CURRENTLY INCOME GEN ON 2 OF THE 3. UNIT 1: 2 BD 1 BTH, BEAUTIFUL WOOD FLOORS & FRESH PAINT THRU-OUT W/ UPDTD KITCHEN & BTH. W/ TILED TUB & FLR & UPDTD PLUMBING. UNIT 2: (OCCUPIED $1073/MO) 2 BD 1 BTH 20 YR TENANT. BOTH TENANTS IN GOOD STANDING. UNIT 3 (OCCUPIED $1019/MO./ABV GARAGE) NEWER FLOORS IN KITCHEN AND BATH. NEWER APPLIANCES AND FRESH PAINT. TOTAL GROSS MONTHLY INCOME $3392, ANNUAL GROSS RENT $40,704. APPLIANCES STAY IN ALL 3 UNITS. 1 & 2 HAVE IDENTICAL FL PLANS. NEWER CONCRETE DRIVEWAY. UNIT 1 & 2 STORAGE IN BASEMENT OF MAIN HOUSE. NEW FLRNG IN ENTRYWAY. NEW H2O TANK 2023, SOME NEWER PLUMBING IN BSMNT. UNIT 2 RENT IS BELOW CURRENT MARKET RATE (20 YR. TENANT). LOTS OF INCOME POTENTIAL! SO MUCH TO LOVE ABOUT THIS PROPERTY! DON'T WAIT!

Home Facts

Multi-Family

Built in 1928

Price Summary

274,900

MLS #:

24027079

Sold:

July 30, 2024


Structure

Structure

Year Built:

1928


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$274,900

Source:MI MICHRIC
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