22049 Cushing Avenue, Eastpointe, Michigan 48021

$145,000

Property Details

MLS#: 20261063537
Bedrooms: N/A
Bathrooms: 2
Square Feet: 780
Price per Sqft: $186
Lot Size: 0.09 acres
Year Built: 1926
Property Type: ResidentialIncome
Status: Active
Days on Market: 14

Description

Excellent income-producing opportunity at 22049 Cushing Ave! This duplex features two 1-bedroom, 1-bath units with established tenants currently in place who would like to stay. The front unit rents for $900/month and the rear unit rents for $975/month, generating a combined gross rental income of $1,875 per month or $22,500 annually. Utilities are currently included in the rent, and both tenants are on month-to-month leases, providing flexibility for the next owner. The property has benefited from several major improvements, including all-new PEX plumbing, all-new electrical, and a new sewer line to the road completed in 2020, along with a new HVAC system installed in 2022. These significant updates add tremendous value and help reduce concerns surrounding several major components of the property. With established rental income from day one and tenants interested in remaining, this is an attractive opportunity for an investor looking to add a performing multifamily property to their portfolio. Conveniently located near shopping, dining, major roadways, and everyday amenities. Don't miss this opportunity to own an income-producing duplex with substantial infrastructure improvements already completed. Schedule your showing today!

Location

This property is located in Eastpointe, Michigan. Eastpointe is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 22049 Cushing Avenue?

22049 Cushing Avenue is listed at $145,000, or $186 per square foot.

How many bedrooms does 22049 Cushing Avenue have?

This property has N/A bedrooms and 2 bathrooms, with 780 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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