Legal Description:114B10A BL2 ELY 30 FT OF LOT 10 BLOCK 2 FURGASONS SUB BLOCK 2 PC 114 L11 P4 WCR Lot: 10 Block: 2 Remarks: 114B10A BL2 ELY 30 FT OF LOT 10 BLOCK 2 FURGASONS SUB BLOCK 2 PC 114 L11 P4 WCR TAX YEAR 2010 Municip: 0 TaxID: 50007110010001 Street: 31 W ANCHOR
Location:31 W Anchor Street, River Rouge, 48218
Lot Size:0.07 Acres
Road Access:Paved Hard Surface
Utilities:city sewer, water, gas and electric
Property Address: 31 Anchor St, River Rouge, MI 48218.
Lot Size: 3,049 sq.ft.
5 door-entrances, 2 Bathrooms; 2 stories with Basement; earlier Project started to convert this into a Duplex, but not completed (a lot of building materials & accessories left behind)
Deed offered: Quit Claim [Guaranteed: NO Mortgages OR any Liens ? totally Free & Clear]
Property Tax: 2014 & prior years ALL cleared. Buyer will be responsible for 2015 Winter Taxes ($489.11), payable by Feb. 29, 2016.
Location : 9 Km S.W. of Detroit, it is close to the desired, good suburbs of Detroit, like Ecorse, Lincoln Park & Dearborn.
IF this house is rehabbed as a single-Family residence (which it is officially classified as), it may yield $800 per month rental.
SO, all in all, not a bad proposition in investing for rental.nItw as with this in mind that the previous owner had wanted to capitalize on the great rental opportunities by turning this into a Duplex. Unfortunately, he couldn?t finish the project, & consequently had left behind a whole lot of unused building materials behind, stashed in the basement & various rooms! This, of-course, provides the new rental-investor with a great opportunity to utilize these materials to great advantage in a rehab project.