12365 Griggs St, Detroit, MI 48204
- $80,000
- 2
- BA
- 2,050
- SqFt
- Sold Price
- $80,000
- List Price
- $84,900
- Closing Date
- Apr 10, 2024
- MLS#
- 20230100541
- Status
- CLOSED
- Bathrooms
- 2
- Subdivision
- COON FREDERICK SUB
Property Description
**INVESTORS** Add this performing 2-family property to your rental portfolio or let it be the cornerstone if this is your first property! The property features 2 spacious units, each with 2 bedrooms, living room, dining room, kitchen, and full bathroom. Market rent rates for each unit are $850-900/month for a cash paying tenant and up to $1,100/month for a Section 8 tenant. The property has updated kitchens & bathrooms in the lower unit, hardwood floors throughout, updated circuit breaker panels with romex wiring, some updated PVC drain pipe, PEX supply plumbing, new blinds in the 1st floor unit, and vinyl siding around the 1st floor unit. The property is also located just north of Grand River Avenue, one of the major thoroughfares in the city of Detroit and one that has seen considerable investment and development in the last few years!
Additional Information
- Year Built
- 1924
- Basement Type
- Unfinished
- Acres
- 0.09
- Acres
- 0.09
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
- Garage Description
- On Street, Unassigned
Mortgage Calculator
Courtesy of RE/MAX Leading Edge 7344048800
Selling Office: KW Advantage.
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