71 E Great Lakes Street

River Rouge, Michigan 48218

  • 10 Bed(s)
  • 10 Bath(s)
  • 7,650 Sqft
  • 0.13
    Acre(Lot)
$795,000

Description

Fully remodeled in 2017/2018 with all permits. (see interior photos!) property has 10 units, all 1 bedroom units where the tenants pay for their own gas & electric with dte (each unit is individually metered). all tenants are on month to month agreements and aware of sale and potential rental increases. maintenance should be normal to minimal as each year we have city inspections. all the units have the same footprint (wear and tear will be different per unit). this property is ideal for investors looking for steady income and low maintenance.

  • Property Type

    Multifamily
  • Subdivision

    River Rouge Improvement Cos Sub No 2
  • County

    Wayne
  • Style

    Common Entry Building,Brownstone
  • AD ID

    49636634

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Property Details

  • Bathroom Information

    • Total Baths: 10
    • Full Baths: 10

    Interior Features

    • Carbon Monoxide Alarm(s),Circuit Breakers,Egress Window(s),ENERGY STAR® Qualified Door(s),High Spd Internet Avail
    • Basement Description: Interior Entry,Partially Finished

    Heating & Cooling

    • Cooling: ENERGY STAR® Qualified A/C Equipment
    • Heating: ENERGY STAR® Qualified Furnace Equipment
    • Heating Fuel: Natural Gas
  • Building Information

    • Year Built: 1940
    • Building Stories: 3 Story
    • Total Units: 10
    • Foundation/Basement: Basement
    • Architecture: Common Entry Building,Brownstone

    Exterior Features

    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Community
  • Lot Information

    • Lot Size: 0.13
    • Dimensions: 45.00 x 127.60

    Property Information

    • SQ ft: 7650
    • Subdivision: RIVER ROUGE IMPROVEMENT COS SUB NO 2
    • Financing: Cash,Conventional
  • Listing Price Information

    • Original List Price: $795,000

    Listing Information

    • Possession: At Close
    • Legal Description: 525C248B 249 N W 15 FT OF LOT 248 ALSO LOT 249 RIVER ROUGE IMPROVEMENT COS SUB NO. 2 PC 525 L23 P54 WCR
  • Tax Information

    • Annual Tax: $9,460
    • Parcel Number: 50005110248002

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: 525C248B 249 N W 15 FT OF LOT 248 ALSO LOT 249 RIVER ROUGE IMPROVEMENT COS SUB NO. 2 PC 525 L23 P54 WCR
  • Multi-Unit Information

    • Presently Zoned: 1
    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 10
  • Utility Information

    • Water:Community
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 05/09/2025 @ 20:42

  • MLS: 626089476
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 10 bedrooms which is for sale, it has 7,650 sqft, 0 sized lot, and On Street parking. are nearby neighborhoods.