206 Frazier Street, River Rouge, MI 48218

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Sold Price
$97,000
List Price
$89,995
Closing Date
Jan 07, 2026
Days on Market
32
MLS#
20251052348
Status
SOLD
Type
Multifamily
Bathrooms
4

Property Description

Outstanding investment property! Great for investment purposes or live in one side and rent the other to help pay your mortgage. Home has been a cash machine for years! Rare single-level duplex on quiet street, super close to police and fire. 3 bedrooms/ 1 bath each side. Unit #1 virtually move-in ready. Unit #2 needs cosmetic rehab including some floor covering, paint, etc. Mostly hardwood floors in each unit. Home has been owned for approximately 9 years. Unit #1 tenant just moved out after 7+ years. Unit #2 tenant just moved after 9 years. Very stable occupancy! Separate utilities, owner pays water and lawn care. Rents were under market rates as tenants had been with home for many years.Workers have been approached many times by people wishing to rent units as soon as they became vacant! Demand is readily present!Rent increase to $1600.00-1700.00/month (for both units rented) very possible!

Additional Information

Taxes
$1,541
Acres
0.10
Association Amenities
Pets Allowed
Basement
Crawl Space
Heating
Forced Air
School District
River Rouge

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jeffrey Prowse from Listing Office: Key Realty - Monroe.

Selling Agent: Selling Office: .

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