2539 DAVID Street $174,900

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    2539 DAVID Street Melvindale, MI 48122

    • 0 Beds
    • 2 Baths
    • 1,920 sq. ft.
    • Multi-Family
    • MLS# 60295871
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    Views: 4 Days On Site: 36

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    Property Details

    Highest & Best Offers Due by 6 pm April 2nd Great Investment Opportunity! Discover the perfect blend of comfort, convenience, and investment potential with this charming duplex. This unique offering is ideal for both investors and homebuyers, featuring two units, each with 2 bedrooms and 1 bathroom. These arrangements ensure ample space and privacy for occupants, making it an attractive proposition for a variety of needs.  Adding to the convenience is a shared laundry facility in the basement, Showcasing substantial cash flow opportunities coupled with long-term value appreciation prospects. This duplex represents more than just a home; it's a smart investment into your future. The unique setup allows for an owner-occupant to reside in one unit while enjoying the financial benefits generated by the income from the tenant. This can significantly offset mortgage payments, essentially allowing you to live for free while building equity in your investment. Capitalize on the financial benefits this property offers. All measurements are approximate. Have buyers agent verify. Please take off shoes or use shoe coverings. Thank you for showing! Excludes curtains and curtain rods. Contingent on Seller finding home of choice.

    • General Features
      • COMMUNITY AMENITIES Laundry Facility
      • Acreage 0.09
      • Area Municipality Melvindale (82142)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Structure Style 2 Story
      • Styles Colonial
      • Subdivision PENN PARK SUB
      • Waterfront Y/N No
      • Year Built 1924
      • ZONING Multi-Family
    • Building Features
      • Basement Type Block
      • Cooling System Central A/C
      • Exterior Construction Asphalt, Brick, Vinyl Siding
      • Exterior Features Exterior Balcony, Fenced Yard, Porch
      • FUEL TYPE Natural Gas
      • Foundation Type Basement
      • Heating System Forced Air
    • Property Features
      • Sewer Septic Public Sanitary
      • Roads Paved Street
      • Lot Size 35.00 x 105.70
      • Water Public Water
    • Schools
      • School District Melvindale Northern Allen Park

    Contact

    Ryan Eashoo

    Owner, Multi-Million Dollar Producer

    RE/MAX EDGE

    Team Phone: 810-234-1234

    Neighborhood

    48122 (Melvindale) Demographics

    37 Median Age
    3,729 Population Density (per sq. mile)
    20% College Educated
    $37,438 Estimated Median Income
    2,306 Estimated Total Home Owners
    1,617 Estimated Total Renters
    59% / 41% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    10,300 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $160,026 Median Sales Price
    3 Homes Sold
    18 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $174,900
        4/4/2024 1:51:09 PM Status Changed Source: Multiple Listing Service New Value: Pending
        3/28/2024 12:35:22 AM Status Changed Source: Multiple Listing Service New Value: Active
        3/23/2024 10:36:00 PM New in Database Source: Multiple Listing Service New Value: $174,900

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.