15105 Maplewood Avenue, Eastpointe, Michigan, 48021
$315,000
Property Details
- MLS#: 20261073893
- Bedrooms: N/A
- Bathrooms: 3.5
- Square Feet: 3,817
- Price per Sqft: $83
- Lot Size: N/A
- Year Built: 1928
- Property Type: ResidentialIncome
- Status: Active
Tax and Assessment Information
Assessment evidence unavailable.
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.
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 15105 Maplewood Avenue?
15105 Maplewood Avenue is listed at $315,000, or $83 per square foot.
How many bedrooms does 15105 Maplewood Avenue have?
This property has N/A bedrooms and 3.5 bathrooms, with 3,817 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) 484-4696
Email: info@sonicrealty.com
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