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1982-1984 VERNIER Road, Grosse Pointe Woods, MI 48236

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For Sale
Sale Pending

$325,000

2 baths • 2,262 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $143.68
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Looking for a turn-key rental/income producing investment property, this is the perfect situation! BOTH UNITS TENANT OCCUPIED MONTH-TO-MONTH ON LEASE HOLDOVERS. Great tenants (pay rent on time and pay for their own utilities) would love to stay for a new landlord, but not locked into a lease if someone wanted to buy to owner occupy a unit. Total rent $2700 per month. ( UPPER UNIT IS $1400/MONTH. LOWER UNIT WAS DISCOUNTED TO $1300/MONTH BECAUSE THEY HAD ENTERED INTO A 2 YEAR LEASE AT THE ONSET AND HAD A STELLAR LONG-TERM RENTAL HISTORY AT PREVIOUS ADDRESS.) Could easily be higher but current owners love these great tenants and have not raised rent on them. Beautiful, super clean, upper/lower apartments each with 1150 square feet, two bedrooms/1 bath. Beautifully refinished hardwood floors throughout each. Fireplace in each unit. Updated vinyl windows (2014) and blinds t/o. New roof (2019). Newer furnaces (2) and a/c (2) in July of 2021. Separete utility meters. Per original lease, tenants pay all utilities including water split between units. Lower unit kitchen remodeled with ceramic tile floors, white appliances including diswasher, white cabinets, granite counters & subway tile backsplash. Direct entry to the kitchens in both units from the hall. Baths in both units with updated vanities and quartz vanity counters. Upper unit has a walkin storage closet in the hall adjacent to the unit. Common shared basemnt is divided with separate fenced storage and laundry areas. Two car shared garage. Owner is in the process of renewing the 2-year rental certification through the city and will provide C OF O at closing. New owner must just register to transfer the rental cert in their name. DID I SAY THESE ARE GREAT TENANTS??? Nothing to do but close and start collecting rents:)
MLS# 20240021089

Courtesy Of eXp Realty LLC

(248) 790-4646

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement, Wired
  • Architecture Style
    Colonial
  • Cooling System
    Ceiling Fan(s), Central A/C
  • Exterior Type
    Brick
  • Heating Fuel
    Natural Gas
  • Heating System
    Forced Air
  • Lot Size
    0.16 Acres
  • Roof Type
    Unknown
  • Rooms
    Basement, Full Bath

Map and Directions

Directions to 1982-1984 VERNIER Road, Grosse Pointe Woods, MI 48236

Home seller CENTURY 21 Town & Country of Grosse Pointe

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Town & Country of Grosse Pointe

(313) 886-5040
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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