8426 VIRGINIA Park Active

Center Line,MI 48015

$ 250000

2 Beds

2 Baths

1774 SqFt


Key Details

Property Type Multi-Family

Sub Type Brownstone

Listing Status Active

Purchase Type For Sale

Square Footage 1,774 sqft

Price per Sqft $140

Subdivision Ellis Centerline

MLS Listing ID 20240079971

Style Brownstone

Bedrooms 2

Full Baths 2

Year Built 1928

Annual Tax Amount $5,435

Lot Size 7,405 Sqft

Property Description

Discover the perfect blend of comfort and opportunity with this exceptional property! Offering incredible flexibility, this home is currently used as a two-family flat, providing the option to live in one unit and rent out the other, or create the ideal setup for multi-generational living with in-law quarters. Situated on a double lot, there's the potential to split the lot with city approval, making this an excellent investment for future development or expansion. The property boasts a large garage and a full basement, offering ample storage or space for future projects. This home is updated throughout, giving it a fresh, modern feel that?s both clean and move-in ready. The lower unit is already rented and generating $1,400 in monthly income, with the potential to rent both units for a total of $2,700+ per month?offering an immediate income stream and long-term profitability. Whether you?re a homeowner looking to offset your mortgage or an investor seeking a property with strong rental potential, this versatile home delivers. Don?t miss out on this rare opportunity to own a property with so much potential and flexibility!

Location

State MI

County Macomb

Area Centerline

Zoning Residential

Interior

Heating Forced Air

Exterior

Garage Spaces 2.0

Waterfront no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Center Line

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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