Property Listing No Longer Available for Sale

7429 Theisen Street, Dearborn, MI

Others for Sale - $498,700 - 2,700 Sq. Ft.


Property Info

CIMLS#1154171
Location
  7429 Theisen Street
  Dearborn MI 48126
UpdatedMarch 21st, 2024
TypeOthers
Price$498,700
Building2,700 Sq. Ft.

Property Description

4 unit updated 2021 huge 2,700 sqft multifamily home in desirable aviation subdivision. Property features three 3 one bedroom units & 1 two bedroom unit, full basement with 4 storage units, two long-term month to month tenants, 2 bedroom unit generates $27,000/year as an Airbnb, 5 total bedrooms, 4 full kitchens updated 2021, 4 full baths updated 2021, new appliances 2021, fantastic investment opportunity generating 10% cap rate, new plumbing 2021, new water heater 2021, painted throughout 2021, newer roof, 2 car garage, huge driveway with plenty of parking, walk to Warren Ave, home is near Super Greenland Market, Dearborn Meat Market, along with many other shops & restaurants, all data apx. Rent roll and Airbnb transaction history available for review, net annual income based on projected income.


Financials


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