171 Davis Street
Wyandotte, MI 48192

More
Photos »

Tools & Resources:

Description

Turnkey Property, Fully Renovated, Fully Leased 3 UnitThis property showcases extensive upgrades throughout, making it one of the most move-in-ready and low-maintenance buildings in Wyandotte. Featuring 3 completely updated and fully rented units with full Certificate of Occupancy issued by the City of Wyandotte and is properly registered as a rental property. Each apartment offers independent utilities and a separate landlord electric & gas meter. Each unit has its own circuit breaker panel, furnace (forced air), central A/C, and electric water heater—ensuring complete separation and simplified tenant bills. Every apartment also features private in-unit laundry, eliminating shared basement access and providing tenants with direct washing without having to leave. New energy-efficient windows have been installed throughout entire building. All units feature direct outside vented range hoods over the stove. All kitchens have been fully modernized with new cabinetry, backsplashes, and countertops. Bathrooms are completely remodeled, featuring all-new fixtures and code-compliant exhaust fans with proper ventilation. The building has been brought up to the modern era. Additional upgrades include new vinyl flooring, recessed lighting, updated doors, and fresh paint throughout.Each tenant enjoys a private outdoor sitting deck, providing personal space. The rear parking pad features assigned parking spots with signage for each unit, providing convenience and organization.Located on a quiet residential street with quick access to major freeways, this property combines quality, comfort, and excellent location. Very low maintenance, ideal for out of state or local investors seeking a more hands-off investment. Current management is willing to continue managing the property for the new owner or assist with management transition for the first 60 days at no cost, ensuring a smooth and seamless transition.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family Home
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48192
• Year Built: 1880
• Subdivision/Neighborhood: Wyandotte City
• School District: Wyandotte
• Basement: Yes
• Lot Size: 8276 sq ft lot
• Association: Yes
• Association Amenities: Pets Allowed
• Construction Materials: Vinyl Siding
• Cooling: Central Air
• Directions: Biddle to Davis.
• Extras: Laundry Facility
• Gross Income: 51360
• Heat Source: Natural Gas
• Heating: Forced Air
• Lot Size Area: 0.19
• Lot Size Square Feet: 8276.4
• Lot Size Units: Acres
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Multi Family
• Operating Expense: 11836
• Parcel Number: 57007110456000
• Road Frontage: 68
• SEV: 107900
• Street Type: Paved
• Tax Annual Amount: 6936
• Tax Legal Description: 16244 LOT 456 ASSESSOR'S WYANDOTTE PLAT NO. 13 T3S R11E L71 P25 WCR
• Total Approx Sq Ft All Bldgs: 2832
• Total Num Units: 3
• Township: Wyandotte City
• Util Availat Street: Public Sewer
• Water Source: Public