49 Farrand Park Highland Park, MI $ 175,000
49 Farrand Park
$ 175,000
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49 Farrand Park

Highland Park, MI, 48203
$ 175,000
Baths3.0 Sq 2,088

Monthly Estimate*

$ 1,163

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Studio

Multi-Family Home for sale in Highland Park, MI

for $175,000 with 3 full baths. This 2,088 square foot home was built in 1916 on a lot size of 0.19.

Income producing rooming house one block off Woodward and only 10mins from downtown. This area is going through a $127million revitalization project. Property has landlord/owner’s living quarters with separate entrance and hot tub. Property currently has 10 rooms, including landlord’s suite. Six (6) rooms are occupied and generate $3k per month in rental income. When fully occupied the property generates $5k plus per month. House has 2 kitchens and 3 full bathrooms. IDRBNG BATVAI

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Multi-Family Active

Price

$ 175,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,508

Style

Traditional

Lot Size

0.19

Year Built

1916

Town/City

Highland Park

County/Region

Wayne

MLS | Web ID

20240006353

Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 10
Fireplace 0
Street Suffix Park
Total Baths 3.00
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General
Sewer Sewer at Street
Heating Forced Air
Rent Includes Heat Electric Internet Snow Removal Trash Collection (Garbage Pickup) Water
Possession Close Plus 30 Days
Pets Allowed No
Zoning Residential
Pool Y/N 0
Full Baths 3
Half Baths 0
Year Built 1916
Property Type Multifamily
Subdivision Name HIGHLAND HEIGHT SUB
Transaction Type Sale
Basement Type Partially Finished
Status Active
Short Sale No
Construction Materials Brick Vinyl
Cumulative Days on Market 114
MLS Area Highland Park
Directions Davison North Service Drive Left on Woodward Left on Farrand
City Highland Park
Terms Offered Cash Conventional
School District Highland Park
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name Farrand
Assessment 0.00
Total Sq Ft 2088
DOM 114
Taxes 1508.0000
Legal Description 6347 LOT 15 HIGHLAND HEIGHTS SUB 1/4 SEC 17 10000 AT L14 P40 WCR
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Exterior
Waterfront 0
Lot Size Area 0.19
Water Source Water at Street
Foundation Basement
Lot Size Dimensions 50.00 x 163.80
Porch Porch - Covered Porch
Roof Material Asphalt
Architecture Level 2 Story
Architecture Style Traditional
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Serina Sutherland

Listing Agent

Real Estate One-Royal Oak

Broker

(248) 414-1343

Phone

Affordability Calculator

$1,289
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,163
Monthly Property Taxes
$126
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848269 Elementary School
848380 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2024$175,000 -5.41% Price Down
4/12/2024$185,000 -7.04% Price Down
3/8/2024$199,000 -7.44% Price Down
2/22/2024$215,000 -10.42% Price Down
2/4/2024$240,000 Listed Price

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49 Farrand Park, Highland Park, MI, 48203 is a Multi-Family Home for sale at $175,000 with 2,088 sqft and a lot size of 0.19. 49 Farrand Park is a studio with 3.0 baths and was built in 1916. The property's zip code is 48203 which is in Highland Park, MI