1982-1984 Vernier Road

Grosse Pointe, MI 48236

$311,575
Last Sold Price
4
Beds
2,262 Sq. Ft.
$138 / Sq. Ft.
2,262
Sq. Ft.
$138
per Sq. Ft.
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Sold 5/8/24
Sold 5/8/24

Description

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...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:)
  1. Listed by Kristyn St Clair • Brokerage DRE #6503414949 • EXP Realty - Northville
    P: (734)-776-0983 C: (734)-776-0983 kristyn@kristynstclair.com

Property Details for 1982-1984 Vernier Road

Subdivision Name
MARKS & MAHONEY SUB NO 1-G.PTE WDS
Architectural Style
Common Entry Building, Colonial, Upper Lower Apartment
Waterfront
No
Zoning Description
Multi Family, Residential
Senior Community
No
LISTING CLOSED: 05/08/2024 12:00 AM

Property Details for 1982-1984 Vernier Road

StatusSold
MLS #20240021089
Days on Market14
Taxes$9,471 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1953
Lot Size0.16 AC / 6,969 SF
CountyWayne County
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Location

Listing Courtesy of EXP Realty - Northville

Sold By KW Metro

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Building Information for 1982-1984 Vernier Road

Stories-Residences2Year Built1953Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

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$2,373 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,584

Property Taxes

$789

HOA Dues

$0

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Property Information for 1982-1984 Vernier Road

Summary
Location and General Information
  • Directions: NORTH SIDE OF VERNIER, WEST OF MACK
  • Latitude: 42.44434
  • Longitude: -82.90909
  • Cross Street: N VERNIER/W OF MACK
  • MLS Area Major: Grosse Pointe Woods (82333)
Taxes and HOA
  • Parcel Number: 40003080021002
  • Tax Amount Summer: $4,730.00
  • Tax Amount Winter: $4,741.00
  • Tax Annual Amount: $9,471.00
  • Tax Assessed Value: $137,760.00
  • Tax Legal Description: WDZYT21B ELY 50 FT OF LOT 21 MARKS AND MAHONEY SUB NO 1 PC249 L74 P91 WCR K 56.61
School Information
  • High School District: Grosse Pointe
Parking
  • Parking Total: 4.0
  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Garage, Paved
Property
Lot Information
  • Frontage Length: 50.0
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Dimensions: 50.00 x 140.00
  • Lot Size Units: Acres
  • Road Frontage Feet: 50
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 152000.0
  • Living Area: 2262.0
  • Building Area Total: 2262.0
  • Above Grade Finished Area: 2262.0
  • Below Grade Total Area: 1149.0
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • New Construction: No
  • Year Built: 1953
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Block
  • Levels: Two
  • Year Remodeled: 2021
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Appliances: Gas Water Heater
  • Basement: Common, Full, Interior Entry, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Cooling: Ceiling Fans, Central Air
  • Has Cooling: Yes
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Interior Features: Entrance Foyer, High Speed Internet
  • Security Features: Carbon Monoxide Detectors, Smoke Detectors
  • Water Heater Fuel: Natural Gas
Exterior Features
  • Exterior Features: Lighting
  • Fencing: Back Yard, Fenced
  • Patio And Porch Features: Covered, Porch
Multi Family
Multi Family Information
  • Number of Units Leased: 2
  • Number of Units Total: 2
  • Unit Records: 1
Income & Expenses
  • Gross Scheduled Income: $32,400.00
Unit Information
Unit 1
  • Actual Rent: $1,350.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 1150.0
  • Type: Two Bedroom
  • Total Units: 2.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $2,700.00
  • Existing Lease: No
  • Pets Allowed: Yes
  • Rent Includes: Maintenance Off Site
  • Rent Spree: No

Property History for 1982-1984 Vernier Road

DateEvent & SourcePriceAppreciation
May 8, 2024

Sold

Realcomp #20240021089

$311,575—
May 8, 2024

Sold

MiRealSource #60297930

$311,575—
Apr 17, 2024

Contract Signed

Realcomp #20240021089

—
DateEvent & SourcePrice
05/08/2024

Sold

Realcomp #20240021089

$311,575
05/08/2024

Sold

MiRealSource #60297930

$311,575
04/17/2024

Contract Signed

Realcomp #20240021089

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1982-1984 Vernier Road

This home is within Grosse Pointe Public Schools.
Rating
School
Type
Grades
Distance
Stevens T. Mason Elementary School
Public - K to 4
Parcells Middle School
Public - 5 to 8
Grosse Pointe North High School
Public - 9 to 12
St Joan Of Arc Elementary School
Private - PK to 8
Rating
School
Distance
Stevens T. Mason Elementary School
PublicK to 4

Parcells Middle School
Public5 to 8

Grosse Pointe North High School
Public9 to 12

St Joan Of Arc Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
1982 Vernier Road, Grosse Pointe Woods, MI 48236
$302,500
3
2
2,262
6,970
1982-1984 Vernier, Grosse Pointe, MI 48236
$1,200
2
2,304
8,712
1992 Vernier Road, Unit 1994 VERNIER, Grosse Pointe Woods, MI 48236
$255,000
4
2,123
6,969
1992 Vernier Road, Grosse Pointe, MI 48236
$255,000
4
2,123
6,969
1972 Vernier Road, Grosse Pointe Woods, MI 48236
$131,000
3
2
1,556
6,970

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Listing Courtesy of EXP Realty - Northville

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