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139 Draper Avenue Waterford, MI 48328
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Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Waterford Twp
MLS Listing ID 24027079
Sold Date 07/30/24
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1928
Annual Tax Amount $5,377
Tax Year 2022
Lot Size 7,449 Sqft
Acres 0.17
Lot Dimensions 50.00X149.00
Property Description
3 UNIT MULTI-FAMILY DWELLING, CURRENTLY INCOME GEN ON 2 OF THE 3. UNIT 1: 2 BD 1 BTH, BEAUTIFUL WOOD FLOORS & FRESH PAINT THRU-OUT W/ UPDTD KITCHEN & BTH. W/ TILED TUB & FLR & UPDTD PLUMBING. UNIT 2: (OCCUPIED $1073/MO) 2 BD 1 BTH 20 YR TENANT. BOTH TENANTS IN GOOD STANDING. UNIT 3 (OCCUPIED $1019/MO./ABV GARAGE) NEWER FLOORS IN KITCHEN AND BATH. NEWER APPLIANCES AND FRESH PAINT. TOTAL GROSS MONTHLY INCOME $3392, ANNUAL GROSS RENT $40,704. APPLIANCES STAY IN ALL 3 UNITS. 1 & 2 HAVE IDENTICAL FL PLANS. NEWER CONCRETE DRIVEWAY. UNIT 1 & 2 STORAGE IN BASEMENT OF MAIN HOUSE. NEW FLRNG IN ENTRYWAY. NEW H2O TANK 2023, SOME NEWER PLUMBING IN BSMNT. UNIT 2 RENT IS BELOW CURRENT MARKET RATE (20 YR. TENANT). LOTS OF INCOME POTENTIAL! SO MUCH TO LOVE ABOUT THIS PROPERTY! DON'T WAIT!
Location
State MI
County Oakland
Area Oakland County - 70
Direction Telegraph North to left on Vorhees to right on Draper to home on the right
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplaces Number 2
Laundry Gas Dryer Hookup, In Basement, In Garage, Laundry Room, Sink, Washer Hookup
Exterior
Garage Paved
Utilities Available Water Available, Sewer Available, Natural Gas Connected, Cable Connected
Waterfront No
View Y/N No
Roof Type Other
Street Surface Paved
Parking Type Paved
Total Parking Spaces 3
Building
Sewer Public Sewer
Structure Type Aluminum Siding
New Construction No
Schools
School District Waterford
Others
Tax ID 13-36-231-003
Acceptable Financing VA Loan, FHA, Cash, Conventional
Listing Terms VA Loan, FHA, Cash, Conventional
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