About 24500 Hayes Avenue
Licensed, income-producing 1,581 sq ft property with long-term tenant in place and strong upside potential. Currently rented for $1,400 per month on a month-to-month lease. Buyer must assume the existing tenancy and comply with MSHDA and Section 8 requirements. The property has passed annual MSHDA and Section 8 inspections and holds a valid City of Eastpointe rental license. Two newer furnaces, a newer water heater, and all appliances are included. Rear entry includes a ramp. Interior condition reflects active tenant occupancy; some systems and finishes remain original, and cosmetic or modernization updates may be desired. Showings are by appointment only with advance notice. Please do not disturb the tenant.
Features of 24500 Hayes Avenue
| MLS® # | 20261006422 |
|---|---|
| Price | $115,000 |
| Bedrooms | 4 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,581 |
| Acres | 0.13 |
| Year Built | 1920 |
| Type | Residential |
| Sub-Type | Bungalow |
| Style | Bungalow |
| Status | Active Under Contract |
Community Information
| Address | 24500 Hayes Avenue |
|---|---|
| Area | 03161 - Eastpointe |
| Subdivision | PARADISE GARDENS SUB |
| City | Eastpointe city |
| County | Macomb |
| State | Michigan |
| Zip Code | 48021 |
Amenities
| Utilities | Above Ground Utilities |
|---|---|
| Parking | 2 Car Garage, Detached |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer |
|---|---|
| Heating | Forced Air, Natural Gas |
| Cooling | Ceiling Fan(s), Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Lighting |
|---|---|
| Construction | Aluminum Siding, Vinyl Siding, Block |
| Foundation | Crawl Space, Michigan Basement, Sump Pump |
School Information
| District | East Detroit |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Somerset |
|---|---|
| Contact Info | dkrajcev@kw.com |