MI > Hazel Park > Mi
Hazel Park, MI 48030 3110,449 W Evelyn Avenue
Hazel Park, MI 48030 3110,449 W Evelyn Avenue
Hazel Park, MI 48030 3110,449 W Evelyn Avenue
Hazel Park, MI 48030 3110,449 W Evelyn Avenue
Hazel Park, MI 48030 3110,449 W Evelyn Avenue
Hazel Park, MI 48030 3110,449 W Evelyn Avenue
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 190,000
Est. payment | /mo

2 Baths

1,134 SqFt

Save
$ 190,000
Est. payment | /mo
Save

2 Baths

1,134 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,134 sqft

Price per Sqft $167

Subdivision Mi

MLS Listing ID 60957351

Style 2 Story

Full Baths 2

Year Built 1925

Annual Tax Amount $3,287

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 30X107.5

Property Sub-Type Multi-Family

Property Description

This charming multi-family home located at 449 W Evelyn Ave, Hazel Park, MI, built in 1925, is full of character and potential, now offering an immediate, solid return on investment. Investor Highlights: Fully Occupied & Income-Producing: Both units are currently rented, generating a total gross monthly income of $2,000 ($24,000 annually). Approximate Investment Yield: Based on a list price of $190,000 (MLS# 20251057915), the gross annual rental income represents an approximate 12.6% Gross Cap Rate ($24,000 / $190,000). This calculation does not include operating expenses (taxes, insurance, utilities, maintenance, etc.) and is provided for preliminary financial comparison. The property features 2 bathrooms and a total finished area of 1,134 sq.ft. The home spans 2 stories and sits on a lot size of 3,049.2 sq.ft., providing plenty of outdoor space for relaxing and entertaining. With its vintage charm and spacious layout, this property offers a unique and compelling opportunity for seasoned investors or those looking to begin their real estate portfolio. The home's central location in Hazel Park provides easy access to local amenities, popular restaurants, and neighborhood parks. Don't miss out on this historic, income-generating gem – schedule a showing today to see all that this property has to offer!

Location

State MI

County Oakland

Area Hazel Park (63257)

Zoning Residential

Interior

Fireplace No

Exterior

Exterior Feature Vinyl Siding

Building

Story 2 Story

Foundation Slab

Water Public Water

Structure Type Vinyl Siding

Schools

School District Hazel Park City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Andover Real Estate dba Houzeo Michigan
Shannon Bagdonas

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 766-8387

soldbyshannonb@outlook.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

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449 W Evelyn Avenue