$269,900
$269,900
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8302 DIXIE HWY Ira Twp, MI 48023
2 Beds
2 Baths
1,740 SqFt
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
Sold Date 04/03/24
Style Colonial
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1955
Annual Tax Amount $3,126
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40.00 x 131.50
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
Direction On the main rd of Dixie Hwy. Across from Bobbie Macs Bayside.
Interior
Heating Forced Air, Other, Wall/Floor Furnace
Fireplace no
Exterior
Waterfront no
Porch Deck, Patio
Road Frontage Other
Garage no
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Vinyl
Schools
School District Algonac
Others
Pets Allowed Yes
Tax ID 74237600006000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional, FHA, VA
Rebuilt Year 2024
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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