Ira Twp, MI 48023,8302 DIXIE HWY

$269,900

Est. payment /mo

$269,900

Est.Price: ?

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8302 DIXIE HWY Ira Twp, MI 48023

2 Beds

2 Baths

1,740 SqFt

SOLD DATE : 04/03/2024

Key Details

Sold Price $269,900

Property Type Multi-Family

Sub Type Colonial

Listing Status Sold

Purchase Type For Sale

Square Footage 1,740 sqft

Price per Sqft $155

Subdivision Suprvr'S W E Bowers Plat No 2

MLS Listing ID 20240012073

Style Colonial

Bedrooms 2

Full Baths 2

Year Built 1955

Annual Tax Amount $3,126

Lot Size 5,227 Sqft

Property Description

Welcome to 8302 Dixie Highway. Tremendous opportunity to own this completely renovated side-by-side duplex. completely remodeled from top to bottom in 2024. Featuring new floors, updated bathrooms, new hot water tank, updated plumbing, and much more. All permits were approved by the city. Here is a list of endless opportunity. Imagine living on one side of the duplex, while the other is paying your mortgage. Or the second option would be rent both sides, and have passive income. Another option would be an Airbnb or section 8 with guaranteed money. However you look at this it's a money maker. Walking distance to Anchor Bay lake so you can catch the sunrise and sunset. A minimum rent combined for both units would be around $2700 a month x 12 months $32,400 (annual income)
- $5,000 in expenses gives you 10% cap rate. This is a great investment. Taxes are non homestead. Buyers agent to verify all data.

Location

State MI

County St. Clair

Area Ira Twp

Zoning Multi-Family

Interior

Heating Forced Air, Other, Wall/Floor Furnace

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Algonac

Others

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

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Realcomp MLS
Listed by Derrick Kajbo of Brookstone, Realtors LLC
Bought with Real Estate One-Chesterfield
agent

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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