11603 Mitchell, Hamtramck 48212

$119,900

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MLS#: 31299679
• For Sale
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248-304-6700

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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

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A fantastic money maker in the heart of Hamtramck. 2 - two bedroom units at 800 sq ft, and two one bedroom units at 550 sq ft, and a separate two bedroom building is included that makes the five unit total. Four of five units are rented out with quiet tenants on monthly leases, one unit lived in by owner. So actual income is $1775/mo but conservatively projected at $2275 once all five are rented. Gutted for a remodel in the early 1990's with new roof, exterior siding, electric, plumbing, doors, windows and new drywall put in. Each unit now needs some cosmetic work including paint and some new kitchen & bath flooring. See the very conservative ROI calculations.

Property Information    

Status
Active 
Address
11603 Mitchell 
City
Hamtramck 
Zip
48212 
Year Built
1950 
Listing Date
08/08/2016 
Subdivision
D W Simons' Highland Block 5 
County
Wayne 
Above Grade SqFt

School Information

School District
Hamtramck Public 

Taxes

Taxes
$2,484 

Features

Exterior Features
Street Lights 
Basement
Block 
Appliances
Range/Oven, Refrigerator 
Heating
Forced Air 

Listing Video for 11603 Mitchell, Hamtramck MI 48212

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Listing Courtesy of Re/Max First
Office Address 36594 Moravian Dr
Originating MLS: MI Real Source
Source MLS: MiRealSource