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7940 Middlepointe Street

Dearborn, MI 48126
  • $340,000
  • STATUS: Active
  • ON SITE: 223 Days
  • MLS #: 20230088378
$340,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,052
    SQFT
  • $111
    $/SQFT
Type:
Multi-Family
Built:
1942
County:
Area:
Zoning:
Residential
Lot Size Dimensions:
80.00X120.00

School Ratings & Info

School District:

Description

This multi-family home located in Dearborn's historic Aviation Subdivision and is a promising investment opportunity. Key highlights include: Location: The property is situated in Dearborn's historic Aviation Subdivision. Great Location in the Historic District. Investment Potential: The property can be used for rental units, making it a viable option for real estate investment. Multi-family homes can provide a steady rental income, and this property appears to be in good condition, which is a plus for any investor. Well-Maintained: The fact that the owner has maintained the property well, including solid brick siding and a newer roof, suggests that it may not require immediate, costly renovations or repairs. This is a valuable consideration for potential buyers or investors. Spacious Rooms: The property offers spacious rooms with hardwood floors throughout, which is an attractive feature for renters or buyers looking for comfortable living spaces. Fenced Backyard: The fenced and gated backyard is a bonus for security, privacy, and outdoor activities like barbecues. Convenient Location: Being in the Dearborn School District, close to parks and shopping, adds to the property's appeal. Families with children may find the school district a significant advantage, and the proximity to amenities is a practical benefit. Appraisal: The recent appraisal being above the asking price indicates that the property is potentially undervalued or in high demand. This can be seen as a positive sign for potential investors or buyers. 24 hours notice for all showing requests.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 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: 2024-05-26T22:58:49.693.
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7940 Middlepointe Street Dearborn, MI 48126

  • Price: $340,000
  • Status: Active
  • On Site: 223 Days
  • MLS #: 20230088378
0
Beds
3
Baths
0
½ Baths
0.22
Acres
3,052
SQFT
$111
$/SQFT
1942
Built
Neighborhood:
Oakman Aviation Field No 1
County:
Wayne
Area:
Dearborn
School District:
DEARBORN
Property Description
This multi-family home located in Dearborn's historic Aviation Subdivision and is a promising investment opportunity. Key highlights include: Location: The property is situated in Dearborn's historic Aviation Subdivision. Great Location in the Historic District. Investment Potential: The property can be used for rental units, making it a viable option for real estate investment. Multi-family homes can provide a steady rental income, and this property appears to be in good condition, which is a plus for any investor. Well-Maintained: The fact that the owner has maintained the property well, including solid brick siding and a newer roof, suggests that it may not require immediate, costly renovations or repairs. This is a valuable consideration for potential buyers or investors. Spacious Rooms: The property offers spacious rooms with hardwood floors throughout, which is an attractive feature for renters or buyers looking for comfortable living spaces. Fenced Backyard: The fenced and gated backyard is a bonus for security, privacy, and outdoor activities like barbecues. Convenient Location: Being in the Dearborn School District, close to parks and shopping, adds to the property's appeal. Families with children may find the school district a significant advantage, and the proximity to amenities is a practical benefit. Appraisal: The recent appraisal being above the asking price indicates that the property is potentially undervalued or in high demand. This can be seen as a positive sign for potential investors or buyers. 24 hours notice for all showing requests.
Exterior Features

Architecture Level 2 Story Architecture Style Bungalow Construction Materials Brick Exterior Features Awning/Overhang(s) Foundation Details Basement Foundation Materials Block Lot Size Dimensions 80.00X120.00 Multifamily Parking Paved Pool YN No Porch Type Breezeway Road Frontage Feet 120 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type Interior Entry (Interior Access)Unfinished Basement YN Yes Baths Total 3.00 Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Interior Features 100 Amp ServiceCable Available Living Area Source Owner Sq Ft Combined 3052 Sq Ft Total Basement 1848 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 1 Unit Two Bed Number Of 2 Water Heater Fuel Natural Gas

Property Features

Down Payment Resource YN Yes Existing Lease YN Yes Gross Scheduled Income 0.00 Income Projection Projected Land Contract YN No Listing Financing CashConventionalFHAVA Monthly Rental Income 3200 Number Of Units Leased 2 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN Yes Pets Allowed Call Postal City Dearborn Protection Period 90 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 896.4500 Tax Amount Winter 8886.7200 Title Standard (Private) Total Tax 9782.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 7940 Middlepointe Street Water Source Public (Municipal) Zoning Residential

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Real Estate One-Milford: (248) 684-1065 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 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: 2024-05-26T22:58:49.693.
 
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