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7429 Theisen Street

Dearborn, MI 48126
  • $498,900
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: 20240003771
UPDATED: 180 min ago
$498,900
  • 0
    BEDS
  • 0.12
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,700
    SQFT
  • $185
    $/SQFT
Type:
Multi-Family
Built:
1928
County:
Area:
Zoning:
Multi-Family,Residential
Lot Size Dimensions:
43 x 120

School Ratings & Info

School District:

Description

4 unit updated 2021 huge 2,700 sqft multifamily home in desirable aviation subdivision. Property features three 3 one bedroom units & 1 two bedroom unit, full basement with 4 storage units, two long-term month to month tenants, 2 bedroom unit generates $27,000/year as an Airbnb, 5 total bedrooms, 4 full kitchens updated 2021, 4 full baths updated 2021, new appliances 2021, fantastic investment opportunity generating 10% cap rate, new plumbing 2021, new water heater 2021, painted throughout 2021, newer roof, 2 car garage, huge driveway with plenty of parking, walk to Warren Ave, home is near Super Greenland Market, Dearborn Meat Market, along with many other shops & restaurants, all data apx. Rent roll and Airbnb transaction history available for review.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-25T23:56:48.703.
www.refacmi.com/homes/146823897
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7429 Theisen Street Dearborn, MI 48126

  • Price: $498,900
  • Status: Active
  • On Site: 34 Days
  • Updated: 180 min ago
  • ID#: 20240003771
0
Beds
4
Baths
0
½ Baths
0.12
Acres
2,700
SQFT
$185
$/SQFT
1928
Built
Neighborhood:
Oakman Aviation Field No 1
County:
Wayne
Area:
Dearborn
School District:
DEARBORN
Property Description
4 unit updated 2021 huge 2,700 sqft multifamily home in desirable aviation subdivision. Property features three 3 one bedroom units & 1 two bedroom unit, full basement with 4 storage units, two long-term month to month tenants, 2 bedroom unit generates $27,000/year as an Airbnb, 5 total bedrooms, 4 full kitchens updated 2021, 4 full baths updated 2021, new appliances 2021, fantastic investment opportunity generating 10% cap rate, new plumbing 2021, new water heater 2021, painted throughout 2021, newer roof, 2 car garage, huge driveway with plenty of parking, walk to Warren Ave, home is near Super Greenland Market, Dearborn Meat Market, along with many other shops & restaurants, all data apx. Rent roll and Airbnb transaction history available for review.
Exterior Features

Architecture Level 2 Story Architecture Style Colonial Construction Materials Brick Exterior Features Fenced Foundation Details Basement Foundation Materials Brick/Mortar Garage YN Yes Lot Size Dimensions 43 x 120 Multifamily Parking GaragesOn Street Parking Total 8 Pool YN No Porch Type Porch - CoveredPorch Road Frontage Feet 43 Road Frontage Type PavedPub. Sidewalk Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 4.00 Cooling Wall Unit(s) Fireplace YN No Heating Forced AirSteam Heating Fuel Natural Gas Interior Features Laundry Facility Laundry Facilities YN Yes Living Area Source Public Records Sq Ft Combined 2700 Sq Ft Total Basement 1350 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 3 Unit Three Bed Number Of 0 Unit Two Bed Number Of 1 Water Heater Fuel Natural Gas

Property Features

Down Payment Resource YN Yes Existing Lease YN Yes Gross Scheduled Income 54960.00 Homestead YN No Income Projection Projected Land Contract YN No Listing Financing CashConventionalFHAVA Monthly Rental Income 4580 Net Operating Income 48000.00 Number Of Units Leased 2 Operating Expense 7000.00 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN No Pets Allowed Yes Postal City Dearborn Protection Period 180 Rent Includes HeatElectricWater/SewerWater Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 4219.0000 Tax Amount Winter 477.0000 Title Standard (Private) Total Tax 4696.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 7429 THEISEN Street Water Source Public (Municipal) Year Remodeled 2021 Zoning Multi-FamilyResidential

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Century 21 Curran & Oberski: (313) 274-7200 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-25T23:56:48.703.
 
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