$65,000
$4.5k
21139 Hayes Ave, Eastpointe, MI 48021
- 2Beds
- 1Bath
- 861SqFt
- 2Beds
- 1Bath
- 861SqFt
- Property TypeCondo
- Year Built1971
- HOA Fees$369/mo
- Price per Sqft$75
- On highrises343 Days
Property Details
Investors!! Seasoned or first-time!! Income producing investment on Day 1. This unit is now updated and turnkey generating guaranteed monthly rents from DHC for Section 8 tenant. New tenant started January 2025 at $1000/mo, and desires to stay long-term. Seller/owner has experienced annual rent increases. Renewed municipal rental license is transferrable at no cost. DHC and municipal inspections have been passed. Condo interior freshly painted December 2024!! New hot water heater June 2023. Excellent opportunity for a low maintenance condo. Worry free for major expenses - association is responsible for roof, furnace, A/C, gas and water. Tenant pays for electricity. This first floor end unit has spacious layout and cable available. Plank wood flooring in living rm, dining area, bedrooms and hallway. Primary bedroom is large with a walk-in closet. Second bedroom is roomy as is first floor full bath w/ ceramic tile. Full kitchen offers lots of cabinets & counter space. Monthly association fee $369 incl water, heat, grounds & common area maintenance & common laundry. Private, lockable storage unit in common bsmt adjoining laundry area. Ample parking available. Proactive association has made additional temporary assessment of $119/mo. to address rising costs in general fund - last payment is October 1, 2025. Current real estate taxes are non principal residence exemption. Showings will be approved only for investors submitting proof of funds. Yes, we have been on the market for a minute -
Property Features
Bedrooms
- Bedrooms: 2
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- DAVID McCAFFERTY
- Brokered by:
- Real Estate One Rochester
- (248) 208-2970