1 month on rocket

34427 Jefferson Ave, Harrison Township, MI, 48045

$359,000

Home List Price

$4,263*

Closing Credit

2 Full Baths, 2 Partial
1,365 SqFt
$263/SqFt
Multi
Schools Nearby

Location

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34427 Jefferson Ave, Harrison Township$359,000

Buyer Closing Credits

$4,263*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarages
Year Built1960
HeatingNatural Gas, Forced Air
CoolingCentral Air, Separate Meter
BasementYes
MLS #20240015402
Lot Size0.41 Acres
StatusActive

About 34427 Jefferson Ave

Welcome to a remarkable investment opportunity! This property is your ticket to a steady stream of income, currently generating $3,500.00 per month in gross revenue from 3 units. There's a one bedroom upstairs and a 2 bedroom downstairs in the main house. These units are currently rented. All 3 units have separate independent utilities. Behind the two-unit residence stands a versatile office building and a spacious garage, providing an array of possibilities for entrepreneurial ventures with a possible 4th unit build out to increase the revenue to almost 5,000 a month. Whether you are looking to maximize cash flow by renting out all the units or prefer to enjoy the benefits of living in one unit while leasing the others, this property caters to various investment strategies. The downstairs apartment is under contract until Sept 30th, transitioning to a month-to-month thereafter. Meanwhile, the lease for the upstairs apartment has concluded, but the tenants are still in place on a month-to-month basis. Beyond its potential as a residential income property, this space offers an additional opportunity for a business. The back section is ready-made for a barbershop, beauty salon, dog grooming facility, office or a similar enterprise. Furthermore, its versatile design allows for easy conversion into a different type of business. There is also a separate entrance and room to make a possible 4th unit for even more income potential. The property also has plenty of parking, making it an ideal choice for business owners with a fleet of trucks. If you've been dreaming of starting your own business or expanding an existing one, this property provides the perfect foundation. It's important to note that showings are available through direct contact with the Listing Agent, and a 48-hour notice is required to view the occupied units in the home. Also this is a commercial property and requires a commercial loan approval or cash funds to purchase and see it. Don't miss out on this exceptional investment opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1960
  • Stories: 2
  • Living Area: 1,365 SqFt

Listing Office:

  • Office Name: USA #1 Realty LLC
  • Office Phone: (586) 709-9632
  • Listing Agent: Louis Bitto

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Garages

Lot Features

Lot Information:

  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air, Separate Meter

School Info

Assigned Schools Information:

  • L'Anse Creuse High School, Public Magnet Grades 9-12
  • L'Anse Creuse Middle School - South, Public Magnet Grades 6-8
  • Donald J. Yacks Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take Jefferson Ave south just past Murray St and its on the west of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $359,000
  • Price Per SqFt: $263/SqFt

Tax Information:

  • Annual Amount: $3,473
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Harrison Township, MI.

Med. Sold Price

$250K

Med. Price/SqFt

$178

Avg. Days On Market

36

# of Sold Homes

8

34427 Jefferson Ave vs Harrison Township

47 DAYS ON ROCKET

+11 Days

$359,000

+$109K More

$263/SqFt

+$84 More

KEY TAKEAWAY

This property is $109K more than the Median Sold Price and $84/SqFt more than other homes in Harrison Township, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240015402

Listing Office:

  • Office Name: USA #1 Realty LLC
  • Office Phone: (586) 709-9632
  • Listing Agent: Louis Bitto

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: 4/29/2024, 12:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,473$75,600
2019$2,408$71,800
2017$2,409$53,240

History based on county public records data.

Payment Calculator

$1,859

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,143

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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-2754299
6
/10
  • Donald J. Yacks Elementary School

  • 34700 Union Lake Rd

  • 0.54 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2754300
4
/10
  • L'Anse Creuse Middle School - South

  • 34641 Jefferson Ave

  • 0.38 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2754301
5
/10
  • L'Anse Creuse High School

  • 38495 Lanse Creuse St

  • 2.61 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,008. Residents of Harrison Township, MI typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesMichiganMacomb CountyHarrison Township4804534427 Jefferson Ave

This home is located at 34427 Jefferson Ave in Harrison Township, MI and zip code 48045. This 1,365 square foot home, which was built in 1960, sits on a 0.41 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $359,000.

Harrison Township, MI housing market in March 2024 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 6 sold below. Between February 2024 and March 2024, Harrison Township, MI real estate market has seen increase in the number of listings by 43.6%. In March 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $250,000.

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

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