Basics
| Status Active | Category ResidentialIncome | Type MultiFamily | Year built 1928 |
| Area, sq ft 3817 sq ft | MLS ID 20261073893 | Date added Added 1 month ago | Subdivision Name HALFWAY LITTLE FARMS # 01 |
| Bathrooms Full 3 | Lot Size Acres 0.16 acres | Address EastpointeCity_Macomb, Michigan, 48021 | Cooling CeilingFans |
Description
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Description:
Whether you're house-hacking your first home or adding turnkey cash flow to your portfolio, this historic three-story brick triplex delivers. Investors get a fully leased, income-producing building generating $3,829 in monthly rental income and nearly $46,000 in annual gross income from day one. Owner-occupants can live in one unit while two government-backed Section 8 tenants (Units 1 and 3) pay roughly $2,629 a month — more than a typical principal-and-interest payment — covering the bulk of your housing cost. Buy as an investment, or move in with low-down owner-occupied financing (FHA, VA, or conventional). The building features three units — a three-bedroom, one-bath at 1,310 square feet and two one-bedroom, one-bath units. All units are separately metered and tenants pay their own electric; rent covers heat-gas, water-sewer, snow removal, trash, and yard maintenance.
Turnkey with nothing to fix — the big-ticket work is done: new roof, windows, and furnace (2017–2018) and new exterior doors and water heater (2020–2021). A single water heater and furnace serve all units via a programmable thermostat. The partially finished basement houses a shared laundry facility, a half bath, and four storage rooms, and a detached 3-car garage sits vacant for additional rental income.
Unit 2 enjoys a private balcony — ideal for an owner-occupant — while Unit 1's three-bedroom layout includes a private four-seasons room filled with leaded glass windows and natural light. The third-level loft, with its original leaded glass windows, offers a path to a fourth income-producing unit. The property is Rental-Certified, and the sale includes all kitchen appliances, three washer/dryer sets, and three window AC units. Live in one and rent the rest, or rent all three — either way, this Maplewood classic works for you.
Rooms
- Bathrooms: 4 baths
Building Details
- Roof: Asphalt
- Construction Materials: Brick, VinylSiding
- Basement: Full, PartiallyFinished
- Architectural Style: Historic, Triplex
- Basement YN: Yes
- Sewer: PublicSewer
- Heating: ForcedAir, NaturalGas
- Garage YN: Yes
- Levels: Three
Location
- City / Department: EastpointeCity_Macomb
- State: Michigan
- Zip / Postal Code: 767
- County Or Parish: Macomb
Amenities & Features
- Waterfront YN: No
- Pool Features: None
- Fireplace YN: No
- Pool YN: No
- Parking Features: Garage, ParkingPad
- WaterSource: Public
Financial
- Homestead YN: No
School Information
- High School District: EastDetroit
Miscellaneous
- Listing Terms: Cash, Conventional, FHA, VaLoan
- Pets Allowed: Yes
Courtesy of
- List Office Name: National Realty Centers, Inc