464 Elm Street, Wyandotte, MI 48192

Wyandotte
Local realty services provided by:ERA Prime Real Estate Group
464 Elm Street,Wyandotte, MI 48192
$239,000
  • - Beds
  • - Baths
  • 1,974 sq. ft.
  • Multi-family
  • Pending
Listed by: armita kyani
Office: keller williams ann arbor mrkt
MLS#:81026043912
Source:MI_REALCOMP

Price summary

  • Price:$239,000
  • Price per sq. ft.:$121.07

About this home

Turnkey Two-Unit Investment -- 1,974 Sq. Ft. -- Fully Occupied, $30,480/Year in Rental Income -- Wyandotte. Own a fully occupied two-unit multifamily property with rental income already in place from day one. Both units feature 2 bedrooms and 1 full bathroom, currently rented for a combined $2,540/month ($1,320 + $1,220). Current tenants have a history of on-time rental payments. Each unit has its own furnace and water heater, plus fridge, stove, microwave, and washer/dryer. Tenants pay gas/electric; owner covers water/trash -- low landlord overhead. Private entrance, covered front porch, storage shed on-site. Walking distance to Downtown Wyandotte, restaurants, shopping, and the Detroit River. City inspection completed; seller addressing minor items. Inspection report available to interested buyers. Pre-approval/proof of funds required for showings. 24-hr notice required -- tenants occupied. Seller is a licensed Michigan real estate agent with ownership interest in the property.

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Home facts

  • Year built:1904
  • Listing ID #:81026043912
  • Added:43 day(s) ago
  • Updated:October 02, 2026 at 09:09 AM

Rooms and interior

  • Living area:1,974 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1904
  • Building area:1,974 sq. ft.
  • Lot area:0.1 Acres
  • Construction Materials:Vinyl Siding
  • Foundation Description:Michigan Basement

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer at Street

Finances and disclosures

  • Price:$239,000
  • Price per sq. ft.:$121.07
  • Tax amount:$7,484

Features and amenities

  • Laundry features:In Unit
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