4224 Lois Street
Dearborn, MI 48126
- – beds
- 4 baths
- 2,544 sqft
- 4,792 sqft lot
- $105 per sqft
- 1928 build
- – on site
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Rare opportunity to acquire investment property with cash flow already in place with additional upside in rents! Property is located in a low velocity sub market with strong tenant base. Four 2 bedroom, 1 bathroom units. Tenant is responsible for electricity and gas and each unit gets one off street parking spot. In place income with opportunity to increase rents to market rates. Projected income of approximately $3,225 per month. Also opportunity to live in 1 unit and rent out the other 3 to cover carrying costs! Walking distance to all the shopping, coffee, and dining of Michigan Ave!
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Last updated Apr 4, 2024
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MLS# 20221009465 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/30/23
Jan 30, 2023
|
Sold | REALCOMP | $269,500 | -1.1% |
|
11/11/22
Nov 11, 2022
|
Pending | REALCOMP | $272,500 | |
|
10/6/22
Oct 6, 2022
|
Price Changed | REALCOMP | $272,500 | -4.4% |