8302 DIXIE HWY $269,900

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    8302 DIXIE HWY Ira, MI 48023

    Sold
    SOLD 4/3/2024

    $269,900

    Market Estimate
    • 0 Beds
    • 2 Baths
    • 1,740 sq. ft.
    • Multi-Family
    • MLS# 60290365
    8302 DIXIE HWY, Ira, MI 48023
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    Listing provided courtesy of: Brookstone, Realtors LLC - 248-963-0505
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    Property Details

    Welcome to 8302 Dixie Highway. Tremendous opportunity to own this completely renovated side-by-side duplex. completely remodeled from top to bottom in 2024. Featuring new floors, updated bathrooms, new hot water tank, updated plumbing, and much more. All permits were approved by the city. Here is a list of endless opportunity. Imagine living on one side of the duplex, while the other is paying your mortgage. Or the second option would be rent both sides, and have passive income. Another option would be an Airbnb or section 8 with guaranteed money. However you look at this it-â„¢s a money maker. Walking distance to Anchor Bay lake so you can catch the sunrise and sunset. A minimum rent combined for both units would be around $2700 a month x 12 months $32,400 (annual income) - $5,000 in expenses gives you 10% cap rate. This is a great investment. Taxes are non homestead. Buyers agent to verify all data.

    • General Features
      • Acreage 0.12
      • Area Municipality Ira Twp (74037)
      • County St. Clair
      • Originating MLS RealComp
      • Ownership Private
      • Structure Style 2 Story
      • Styles Colonial
      • Subdivision SUPRVR'S W E BOWERS PLAT NO 2
      • Waterfront Y/N No
      • Year Built 1955
      • ZONING Multi-Family
    • Building Features
      • Exterior Construction Vinyl Siding
      • Exterior Features Deck, Patio
      • Foundation Type Crawl
      • Heating System Floor Furnace, Forced Air, Other-See Remarks
    • Property Features
      • Sewer Septic Public Sanitary
      • Lot Size 40.00 x 131.50
      • Water Public Water
    • Schools
      • School District Algonac Community School Distric

    Neighborhood

    48023 (Ira) Demographics

    44 Median Age
    297 Population Density (per sq. mile)
    39% College Educated
    $77,892 Estimated Median Income
    1,809 Estimated Total Home Owners
    189 Estimated Total Renters
    91% / 9% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    5,089 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $269,900 Median Sales Price
    7 Homes Sold
    2 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        4/3/2024 3:00:00 AM Sold Source: Multiple Listing Service New Value: $269,900
        3/18/2024 11:06:24 PM Status Changed Source: Multiple Listing Service New Value: Pending
        2/29/2024 4:05:56 AM Status Changed Source: Multiple Listing Service New Value: Active
        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.