3 months on rocket

1174 Coolidge, River Rouge, MI, 48218

$147,500

Home List Price

$1,752*

Closing Credit

2 Full Baths
1,666 SqFt
$89/SqFt
Multi
Schools Nearby

Location

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1174 Coolidge, River Rouge$147,500

Buyer Closing Credits

$1,752*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1920
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240006529
Lot Size0.09 Acres
StatusActive

About 1174 Coolidge

LOCATED INSIDE THE SUBURBAN CITY OF RIVER ROUGE, YOU WILL FIND 1174 COOLIDGE NESTLED ON A 4,008 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX BOAST TWO 3 BEDROOM UNITS. SHE HAS BEEN CAREFULLY UPGRADED WITH 2 NEWLY INSTALLED FURNACES AND 2 HOT WATER TANKS. IN ADDITION, THIS HOME DISPLAYS ALL NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. ALL ELECTRICAL, PLUMBING, HVAC AND BUILDING PERMITS WERE JUST APPROVED THIS YEAR. THIS BEAUTY HAS JUST BEEN LEASED WITH 2 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $1217 AND $1276 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. THESE TENANTS PAYS ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20%. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $200 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,666 SqFt

Listing Office:

  • Office Name: 1st Michigan Real Estate
  • Listing Agent: Marta Kopania

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • River Rouge High School, Public District Grades 9-12
  • Clarence B. Sabbath Middle School, Public District Grades 6-8
  • Ann Visger Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Coolidge

Price Information

Listing Price Info

Price Summary:

  • List Price: $147,500
  • Price Per SqFt: $89/SqFt
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Housing Market Comparison

See how this home compares to others in River Rouge, MI.

Med. Sold Price

$75K

Med. Price/SqFt

$69

Avg. Days On Market

51

# of Sold Homes

7

1174 Coolidge vs River Rouge

92 DAYS ON ROCKET

+41 Days

$147,500

+$72.5K More

$89/SqFt

+$19 More

KEY TAKEAWAY

This property is $72.5K more than the Median Sold Price and $19/SqFt more than other homes in River Rouge, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240006529

Listing Office:

  • Office Name: 1st Michigan Real Estate
  • Listing Agent: Marta Kopania

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 11:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$509

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6730970
3
/10
  • Ann Visger Elementary School

  • 11121 W Jefferson Ave

  • 0.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6730971
3
/10
  • Clarence B. Sabbath Middle School

  • 340 Frazier St

  • 0.67 miles

  • Public District Grades 6-8

High School

school-card-donut-6730972
2
/10
  • River Rouge High School

  • 1460 Coolidge Hwy

  • 0.34 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,282. The most common annual income of people living in River Rouge, MI is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesMichiganWayne CountyRiver Rouge482181174 Coolidge

This home is located at 1174 Coolidge in River Rouge, MI and zip code 48218. This 1,666 square foot home, which was built in 1920, sits on a 0.09 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since February 04, 2024 and is currently priced at $147,500.

In April 2024 more than 1 listings in River Rouge, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. In April 2024 median list price was $75,000 and the average listing age was 51 days.

From Rocket Homes Real Estate and based on county public records data.

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