1982-1984 Vernier Road
Grosse Pointe Woods, MI 48236

  • – beds
  • 2 baths
  • 2,262 sqft
  • 6,970 sqft lot
  • $143 per sqft
  • 1953 build
  • on site

Looking for a turn-key rental/income producing investment property, this is the perfect situation! BOTH UNITS TENANT OCCUPIED MONTH-TO-MONTH ON LEASE HOLDOVERS. Great tenants (pay rent on time and pay for their own utilities) would love to stay for a new landlord, but not locked into a lease if someone wanted to buy to owner occupy a unit. Total rent $2700 per month. ( UPPER UNIT IS $1400/MONTH. LOWER UNIT WAS DISCOUNTED TO $1300/MONTH BECAUSE THEY HAD ENTERED INTO A 2 YEAR LEASE AT THE ONSET AND HAD A STELLAR LONG-TERM RENTAL HISTORY AT PREVIOUS ADDRESS.) Could easily be higher but current owners love these great tenants and have not raised rent on them. Beautiful, super clean, upper/lower apartments each with 1150 square feet, two bedrooms/1 bath. Beautifully refinished hardwood floors throughout each. Fireplace in each unit. Updated vinyl windows (2014) and blinds t/o. New roof (2019). Newer furnaces (2) and a/c (2) in July of 2021. Separete utility meters. Per original lease, tenants pay all utilities including water split between units. Lower unit kitchen remodeled with ceramic tile floors, white appliances including diswasher, white cabinets, granite counters & subway tile backsplash. Direct entry to the kitchens in both units from the hall. Baths in both units with updated vanities and quartz vanity counters. Upper unit has a walkin storage closet in the hall adjacent to the unit. Common shared basemnt is divided with separate fenced storage and laundry areas. Two car shared garage. Owner is in the process of renewing the 2-year rental certification through the city and will provide C OF O at closing. New owner must just register to transfer the rental cert in their name. DID I SAY THESE ARE GREAT TENANTS??? Nothing to do but close and start collecting rents:)

Realcomp MLS logo Listing courtesy of REALCOMP / EXP Realty - Northville

Last checked: Checking… • Last updated Apr 29, 2024 •

MLS# 20240021089 —

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Sale history

Date Event Source Price % Change
4/17/24
Pending REALCOMP $325,000
4/3/24
Listed / Active REALCOMP $325,000 49.8% (17.6% / YR)
6/3/21
REALCOMP $217,000 -13.2%

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Multifamily

$325,000

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EXP Realty - Northville

(248) 790-4646

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1982-1984 Vernier Road

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This multifamily located in Grosse Pointe Woods, MI 48236 is currently pending sale for $325,000. 1982-1984 Vernier Road is a 2,262 square foot multifamily with – beds and 2 baths that has been on Estately for 26 days. This multifamily is in the attendance area of Parcells Middle School, Mason Elementary School, and Grosse Pointe North High School.

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REALCOMP logo EXP Realty - Northville

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