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Street View
$335,000
-- Bed
- 4 Baths
3 full baths + 1 half bath
3,817sqft
15105 Maplewood Ave, Eastpointe, MI 48021
$335,000
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Multi Family
Built in 1928
$-- HOA
0.16 acre lot
$88/sq.ft
Description
This fully occupied, income-producing triplex offers strong cash flow from day one. The historic three-story brick building features three units — a three-bedroom, one-bath at 1,310 square feet and two one-bedroom, one-bath units — delivering $3,929 in monthly rental income and nearly $46,000 in annual gross income and CAP Rate of 7.5%. All units are leased, separately metered, and tenants pay electric. Rent covers heat-gas, water-sewer, snow removal, trash, and yard maintenance. Units 1 and 3 are Section 8, providing guaranteed government-backed rental payments.
Major updates completed by the previous owner include a new roof, windows, and furnace in 2017–2018, and new ...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1928
HOA Fees
-
Finished Area
3,817 sqft
Lot Size
0.16 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261042699
MLS Status
Active
Days on Market
74
Cumulative Days on Market
41
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