31
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$339,999
Est. payment /mo
6 Baths
3,961 SqFt
Active
1910 Salina Street Dearborn, MI 48120 1608
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,961 sqft
Price per Sqft $85
Subdivision Mi
MLS Listing ID 60920298
Full Baths 6
Year Built 1925
Annual Tax Amount $4,884
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 108.00 x 110.00
Property Sub-Type Multi-Family
Property Description
Rare Investment Opportunity in Prime South End Dearborn - Fully Occupied 8-Unit Building! Opportunities like this hardly ever hit the market in this highly desirable, tightly held neighborhood. This turnkey, income-producing property features eight fully furnished units - seven 1-bedroom units and one 2-bedroom unit (Unit #1) - all currently occupied by long-term, stable tenants, many of whom have been in place for over a decade. Consistent, reliable cash flow with minimal landlord involvement, as the on-site property manager is also a tenant. Major mechanicals are updated, including a newer furnace and hot water tank. Bonus 1.5-car garage offers valuable additional storage space. Whether you're a seasoned investor or just entering the multifamily space, this is a rare chance to own a low-maintenance, cash-flowing asset in a location where properties almost never become available.
Location
State MI
County Wayne
Area Dearborn (82093)
Zoning Multi-Family
Rooms
Basement Block, Finished, Outside Entrance
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Aluminum
Building
Foundation Basement
Water Public Water
Structure Type Aluminum
Schools
School District Dearborn City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Berkshire Hathaway HomeServices Kee Realty Bham