$60,000
For more information regarding the value of a property, please contact us for a free consultation.
391 PALMERSTON ST River Rouge, MI 48218
2 Baths
1,760 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 1,760 sqft
Price per Sqft $34
Subdivision River Rouge Park Sub
MLS Listing ID 20250017614
Sold Date 04/04/25
Style Colonial
Full Baths 2
Year Built 1920
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type MultiFamily
Property Description
Attention investors. Take a look at this duplex located in one of the hottest Real Estate markets in Metro Detroit. This property requires a mostly cosmetic rehab to increase the value by tens of thousands. You can buy, fix, and rent... Then enjoy a substantial equity position. Or you can buy, fix, and BRRR this duplex and pull out all of your cash while making a substantial ROI. House hackers are also welcome. These units can rent for 1000 or more per door easily once this project is complete. This could be a cash cow for any savvy investor. Don't wait on this one or it will be gone fast. Bring in the spring with your new duplex!
Location
State MI
County Wayne
Area Area05144Riverrouge
Rooms
Basement Unfinished
Interior
Heating Forced Air, Hot Water, Natural Gas
Fireplace No
Exterior
Pool None
View Y/N No
Building
Foundation Basement, Poured
Sewer Sewer At Street
Water Community
New Construction No
Schools
High Schools River Rouge
School District Riverrouge
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA203K, Trade1031Exchange, WarrantyDeed
Listing Terms Cash, Conventional, FHA203K, Trade1031Exchange, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Cats Ok, Dogs Ok
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2025 Realcomp II Ltd. Shareholders
Bought with New Era Real Estate LLC