Sold
Last Sold Price
2,588 sqft
333 Woodward Avenue, Rochester, MI 48307
Multi FamilyProperty Type
0.17 acresLot Size
1950Year Built
$232/sq ftPrice per sq ft

Description

Welcome to 333 Woodward Avenue, an exceptional investment opportunity located in the heart of Rochester! This well-maintained property features four units: two spacious 1-bedroom apartments and two cozy studio units, offering the perfect blend of comfort and practicality for tenants. Property is situated in a desirable neighborhood with easy access to downtown Rochester's shops, restaurants, and parks, making it a sought-after rental property. Private storage is available in the basement for each...Welcome to 333 Woodward Avenue, an exceptional investment opportunity located in the heart of Rochester! This well-maintained property features four units: two spacious 1-bedroom apartments and two cozy studio units, offering the perfect blend of comfort and practicality for tenants. Property is situated in a desirable neighborhood with easy access to downtown Rochester's shops, restaurants, and parks, making it a sought-after rental property. Private storage is available in the basement for each tenant. 4 car garage is an option to lease for tenants. 1 garage unit currently rented separately for $85/mo. Windows are 8 years old, roof is 12 years old, and boiler is 9 years old. Electrical is separately metered. Water and gas paid by landlord. 1 unit currently occupied (Upstairs 1 bedroom $1,400/mo). Whether you're looking to expand your portfolio or secure a reliable source of passive income, this property is ready to deliver. Don't miss out on this opportunity to own a turnkey multi-family property in a thriving market!
  • Listed by: Alexander Reinhardt 313.804.0159 alexreinhardtsells@gmail.com • Keller Williams Legacy
Listing closed: 02/14/2025 12:00 AM • Source: MiRealSource, MLS#: 60362135

Location

Listing Courtesy of Keller Williams Legacy

Sold By LPS

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Payment Calculator

$3,945 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,101

Property Taxes

$844

HOA Dues

$0

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Property Information for 333 Woodward Avenue

Property Details
  • Taxes: $10,132 / year
  • MLS Type: Residential Income / Multi Family
  • Architectural Style: 2 Story
  • Subdivision Name: ALBERTSON ADD
  • Has Waterfront: No
  • Zoning Description: Multi-Family
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1950
  • Lot Size: 0.17 AC / 7,405 SF
Summary
Location and General Information
  • Cross Street: S of Woodward/W of Main
  • Directions: Located On The South Side Of The Street, Just West Of Main Street/Rochester Road
  • Latitude: 42.68861997
  • Longitude: -83.138169
  • MLS Area Major: Rochester (63152)
  • Senior Community: No
Taxes and HOA
  • Parcel Number: 1510426005
  • Tax Annual Amount: $10,132.00
  • Tax Assessed Value: 201680
School Information
  • High School District: Rochester
Parking
  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Garage
  • Parking Total: 4.0
Property
Lot Information
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 50.00 x 151.00
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 2588.0
  • Building Area Total: 2588.0
  • Living Area: 2588.0
  • Living Area Source: Public Records
  • New Construction: No
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1950
Building Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Basement, Block
  • Levels: Two
  • Roof: Asphalt
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Full, Private Storage Locker, Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Has Cooling: No
  • Heating: Baseboard, Hot Water, Natural Gas
  • Has Heating: Yes
  • Has Fireplace: No
Multi Family
Multi Family Information
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
Income & Expenses
  • Gross Scheduled Income: $53,520
Unit Information
Unit 1
  • Type: One Bedroom
  • Units Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished
  • Actual Rent: $1,400.00
Unit 2
  • Type: Studio
  • Units Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished
  • Actual Rent: $850.00

Property History for 333 Woodward Avenue

DateEvent & SourcePriceAppreciation
Feb 14, 2025

Sold (Public Record)

Public Record #1553563822

$600,000

+2.2% / yr

Feb 14, 2025

Sold

Realcomp #20240091870

$600,000
Feb 14, 2025

Sold

MiRealSource #60362135

$600,000
DateEvent & SourcePrice
02/14/2025

Sold (Public Record)

Public Record #1553563822

$600,000

+2.2% / yr

02/14/2025

Sold

Realcomp #20240091870

$600,000
02/14/2025

Sold

MiRealSource #60362135

$600,000

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

Public Records for 333 Woodward Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$7,952 ($663 / month)
Home Facts
Beds4Baths4Total Finished SqFt2,588 SqFtAbove Grade Finished SqFt2,588 SqFtUnfinished Basement SqFt1,294 SqFtStories2Lot Size7,579 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1950ZoningRICountyOAKLANDAPN68-15-10-426-005

Schools near 333 Woodward Avenue

This home is within Rochester Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 6 to 12
Public - 9 to 12
Rating
School
Distance
North Hill Elementary School
PublicPK to 5

Stoney Creek High School
Public6 to 12

Hart Middle School
Public6 to 12

John M Schultz Educational Campus
Public9 to 12

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.

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Listing Courtesy of Keller Williams Legacy

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