Courtesy of: Eric Miller, RE/MAX Complete, ericmiller@remax.net
Courtesy of: Eric Miller, RE/MAX Complete, ericmiller@remax.net
$359,900
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3.00 Bath (3 Full)
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Lot: 0.14 Acres
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Triplex
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$359,900
408 N Hamilton Street Fantastic investment opportunity! This fully occupied triplex generates $39, 000 in annual gross rental income with three long-term tenants in place. Tenants pay all utilities except water. The main floor unit offers 3 bedrooms, 1 full bath, a spacious kitchen, hardwood floors, and a bright sunroom, heated with a forced-air furnace. The upper unit features 2 bedrooms, 1 bath, and a large living room, heated by a boiler system. The basement unit includes 1 bedroom, 1 full bath, and a full kitchen, with heat provided by a wall unit. Each unit has separate electrical meters and individual hot water tanks. Additional features include a detached garage for storage, a shared basement laundry room, and a shared driveway with ample parking for all three units. Located within walking distance to Eastern Michigan University, this property combines stable income, strong rental demand, and a highly desirable location.
Courtesy of: Eric Miller, RE/MAX Complete, ericmiller@remax.net
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