Fantastic Investment Opportunity in Hazel ParkA;This beautifully updated two-story home is located in the highly desirable city of Hazel Park, just minutes from the Wayne State University District, with easy access to all major freeways.A;The property features three bedrooms, spacious living room, kitchen, dining room and full bath. Remodeled in… Read More 2020, offering a blend of modern updates and classic charm. A;The kitchen includes appliances - dishwasher, and oven - for added convenience.A;Situated on a rare double lot, this property presents a unique opportunity extra privacy or even an expansion to the existing home (subject to city approval). A detached two-car garage adds valuable storage and parking space.A;Currently tenant-occupied, this home provides immediate rental income potential - an excellent opportunity for investors or those seeking a future primary residence with added land value.A;With current rent comps in the area averaging $1, 600 /month, and yearly expenses - including taxes and insurance - totaling less than $4,000, this property offers a strong ROI and a healthy cap rate. Located in the quiet and well-maintained Oakway Subdivision, this is an opportunity you don't want to miss! Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of EXP Realty Main, 888-501-7085.
Listing Snapshot
Days Online
4
Last Updated
Property Type
Residential
Beds
3
Full Baths
1
Square Ft.
1,258
Lot Size
0.25 Acres
Year Built
1948
MLS Number
20251033322
30 Days Snapshot Of 48030
$73k
-46%
(avg) sold price
22
-47%
homes sold
44
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Appliances & Equipment
Convection Oven, Portable Dishwasher
Basement
Basement?: 0
Building
1,258 total square feet, 1,258 combined square feet, Built in 1948, Remodelled in 2020, Architectural style: Bungalow, 2 Story, Other
Fireplaces
Fireplace?: 0
Foundation
Crawl
Garage
Detached, 2 Car, Garage?: 1
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.25, Lot size dimensions: 80 x 108
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