$250,000
8426 VIRGINIA Park Center Line, MI 48015 1657
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$250,000
Est. payment /mo
2 BA
1,774 SqFt
Active
8426 VIRGINIA Park Center Line, MI 48015 1657
UPDATED:
10/25/2024 01:32 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,774 sqft
Price per Sqft $140
Subdivision Mi
MLS Listing ID 60349115
Style 1 1/2 Story
Full Baths 2
Year Built 1928
Annual Tax Amount $5,435
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 70.00 x 105.00
Property Description
Discover the perfect blend of comfort and opportunity with this exceptional property! Offering incredible flexibility, this home is currently used as a two-family flat, providing the option to live in one unit and rent out the other, or create the ideal setup for multi-generational living with in-law quarters. Situated on a double lot, there's the potential to split the lot with city approval, making this an excellent investment for future development or expansion. The property boasts a large garage and a full basement, offering ample storage or space for future projects. This home is updated throughout, giving it a fresh, modern feel that’s both clean and move-in ready. The lower unit is already rented and generating $1,400 in monthly income, with the potential to rent both units for a total of $2,700+ per month—offering an immediate income stream and long-term profitability. Whether you’re a homeowner looking to offset your mortgage or an investor seeking a property with strong rental potential, this versatile home delivers. Don’t miss out on this rare opportunity to own a property with so much potential and flexibility!
Location
State MI
County Macomb
Area Center Line (50024)
Zoning Residential
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Waterfront No
Building
Story 1 1/2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Center Line Public Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Amin Realty
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