Sold for $202,000

$202,000

34 W Cicotte St, River Rouge, MI 48218

7beds

2,744sqft

Multi Family

Built in 1920

-- sqft lot

$246,300 Zestimate^®

$74/sqft

$1,048 Estimated rent

Home value

$246,300

$212,000 - $286,000

$1,048/mo

Zestimate^® history

Owner options

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$1,048/mo

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$1,048/mo

Rent Zestimate^®

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$1,467/mo

Est. payment

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$1,467/mo

Est. payment

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What's special

Attention Investors! This prime 7-unit multifamily property is now on the market! The complex features one 2-bed, 1-bath unit and six 1-bed, 1-bath units. Recently remodeled and improved, six units are currently occupied by long-term tenants, while one unit is vacant and ready for rent. Unit 1 will be vacant at the end of September. The current gross monthly rent stands at 4,250, with the potential to increase to 5,000 by renting out the vacant unit for 750. This property offers substantial cash flow potential. For inquiries, please call today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 7
Full bathrooms: 7

Heating

Baseboard, Hot Water, Natural Gas, Radiant

Features

Basement: Common,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,744 sqft
Finished area above ground: 2,744

Property

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 3,920 Square Feet
Dimensions: 40.00 x 100.00

Details

Parcel number: 50007110018000
Zoning description: MultiFamily
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Basement, Block

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: FURGASONS SUB

Location

Region: River Rouge

Financial & listing details

Price per square foot: $74/sqft
Tax assessed value: $77,800
Annual tax amount: $7,347
Date on market: 4/23/2024
Cumulative days on market: 142 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Price history

Date	Event	Price
11/7/2024	Sold	$202,000-3.3%$74/sqft
Source: Realcomp II #20240025229 Report a problem
9/27/2024	Pending sale	$209,000$76/sqft
Source: Realcomp II #20240025229 Report a problem
9/10/2024	Price change	$209,000-2.8%$76/sqft
Source: Realcomp II #20240025229 Report a problem
8/28/2024	Price change	$215,000-6.1%$78/sqft
Source: Realcomp II #20240025229 Report a problem
8/16/2024	Price change	$229,000-4.6%$83/sqft
Source: Realcomp II #20240025229 Report a problem
8/9/2024	Price change	$240,000-2%$87/sqft
Source: Realcomp II #20240025229 Report a problem
7/16/2024	Price change	$245,000-2%$89/sqft
Source: Realcomp II #20240025229 Report a problem
4/23/2024	Listed for sale	$250,000+13.6%$91/sqft
Source: Realcomp II #20240025229 Report a problem
8/25/2023	Sold	$220,000-21.1%$80/sqft
Source: Realcomp II #20230044449 Report a problem
8/23/2023	Pending sale	$278,900$102/sqft
Source: Realcomp II #20230044449 Report a problem
6/6/2023	Listed for sale	$278,900$102/sqft
Source: Realcomp II #20230044449 Report a problem