4224 LOIS Street

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4224 LOIS Street

Dearborn, Michigan 48126

4 baths | 2,544 sqft | MLS# 20221009465

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For more information on this property, please contact:

Anwar Jennings

313-283-1873 313-283-1873 Send email

DESCRIPTION

Rare opportunity to acquire investment property with cash flow already in place with additional upside in rents! Property is located in a low velocity sub market with strong tenant base. Four 2 bedroom, 1 bathroom units. Tenant is responsible for electricity and gas and each unit gets one off street parking spot. In place income with opportunity to increase rents to market rates. Projected income of approximately $3,225 per month. Also opportunity to live in 1 unit and rent out the other 3 to cover carrying costs! Walking distance to all the shopping, coffee, and dining of Michigan Ave!

FACTS

Full Baths: 4 Style: Colonial School District: Dearborn County: Wayne Status: Sold Listing Type: Multifamily Stories: 2 Story Heating: Forced Air

FEATURES

Sewer: Sewer at Street Exterior: Vinyl Directions: W Michigan Ave and N of Lois

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