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391 PALMERSTON Street River Rouge, MI 48218
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Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality River Rouge City
Subdivision River Rouge City
MLS Listing ID 20250017614
Sold Date 04/04/25
Year Built 1920
Annual Tax Amount $2,128
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 30.00 x 142.50
Source Realcomp
Property Description
Attention investors. Take a look at this duplex located in one of the hottest Real Estate markets in Metro Detroit. This property requires a mostly cosmetic rehab to increase the value by tens of thousands. You can buy, fix, and rent... Then enjoy a substantial equity position. Or you can buy, fix, and BRRR this duplex and pull out all of your cash while making a substantial ROI. House hackers are also welcome. These units can rent for 1000 or more per door easily once this project is complete. This could be a cash cow for any savvy investor. Don't wait on this one or it will be gone fast. Bring in the spring with your new duplex!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction M of W Jefferson E of Miami
Interior
Heating Forced Air, Hot Water
Exterior
View Y/N No
Building
Structure Type Brick,Vinyl Siding
Schools
School District River Rouge
Others
Tax ID 50009010720000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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