Attention Investors looking to add a 4 unit multifamily investment to your rental investment portfolio. Super clean and updated 4 unit apartment building with separate electric and heating. 2 bedroom / 1 bath 1st Floor unit. Enter the side entrance to Units 2-4 located on the 2nd floor, each with 2 bedroom /1 bath. Newer flooring and windows, new painting, hardwood floors and/or LVF in most units, and very spacious. Rents out for $900-$1000 per unit with month income between $3600-$4000 monthly. Buyer to pay COO and buyer sales addendum cost with the city. Virtual tour: https://mls.kuu.la/share/collection/7vysh?fs=1&vr=1&sd=1&initload=0&autorotate=1.09&autop=10&autopalt=1&thumbs=1&keys=0
Sold for $120,000 on 03/31/23
$120,000
109 Burke St, River Rouge, MI 48218
8beds
3,800sqft
Multi Family
Built in 1916
-- sqft lot
$216,800 Zestimate®
$32/sqft
$1,267 Estimated rent
Home value
$216,800
$176,000 - $262,000
$1,267/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 12, 2024 at 02:42pm
Listed by:
Kimberly L Knox 586-888-0403,
Milagro Realty Group, LLC
Bought with:
Kimberly L Knox, 6501399690
Milagro Realty Group, LLC
Source: Realcomp II,MLS#: 20221034757
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 1
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 3,800 sqft
- Finished area above ground: 3,800
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 3,484 sqft
- Dimensions: 30.00 x 110.00
Details
- Parcel number: 50006020021000
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Upper Lower Apartment
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1916
- Major remodel year: 2017
Utilities & green energy
- Sewer: Sewer At Street
- Water: Waterat Street
Community & neighborhood
Location
- Region: River Rouge
- Subdivision: RIOPELLE AND BURKE'S SUB
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Warranty Deed
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2023 | Sold | $120,000-14.3%$32/sqft |
Source:  Realcomp II #20221034757 | ||
| 3/15/2023 | Pending sale | $140,000$37/sqft |
Source: Realcomp II #20221034757 | ||
| 2/1/2023 | Listed for sale | $140,000+79.5%$37/sqft |
Source: Realcomp II #20221034757 | ||
| 8/16/2019 | Sold | $78,000$21/sqft |
Source: Public Record | ||
| 4/3/2019 | Listing removed | $699 |
Source: Nest Finder LLC | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $68,600 +26.8% |
| 2024 | -- | $54,100 +28.2% |
| 2023 | -- | $42,200 +17.5% |
Find assessor info on the county website
Neighborhood: 48218
Nearby schools
GreatSchools rating
- 1/10Ann Visger K-5 Preparatory AcademyGrades: PK-5Distance: 0.9 mi
- 3/10Cb Sabbath 6-8 Preparatory AcademyGrades: 6-8Distance: 1 mi
- 2/10River Rouge High SchoolGrades: 9-12Distance: 0.4 mi
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