464 Elm Street, Wyandotte, MI 48192
464 Elm Street, Wyandotte, MI 48192
464 Elm Street, Wyandotte, MI 48192
464 Elm Street, Wyandotte, MI 48192
464 Elm Street, Wyandotte, MI 48192
464 Elm Street, Wyandotte, MI 48192
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Ryan Servatius

Ryan Servatius

+1(269) 252-7926
$ 239,000
Est. payment | /mo

2 Baths

4,500 Sqft Lot

Save
$ 239,000
Est. payment | /mo
Save

2 Baths

4,500 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Wyandotte City

MLS Listing ID 26043912

Year Built 1904

Annual Tax Amount $7,484

Tax Year 2025

Lot Size 4,500 Sqft

Acres 0.1

Lot Dimensions 50x90

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

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.

Location

State MI

County Wayne

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Cooling Central Air

Laundry In Unit

Exterior

Utilities Available Natural Gas Connected

View Y/N No

Street Surface Paved

Building

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Wyandotte

Others

Tax ID 57-015-24-0014-001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Keller Williams Ann Arbor Mrkt

Nearby Locations

Ryan Servatius

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 252-7926

info@callryan.com

253 Center StreetSuite 101, South Haven, MI 49090, USA

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464 Elm Street