#20250033272, Shannon McDougal, Listing Office: Gemstone Realty
71 E Great Lakes St River Rouge, MI 48218
Property details
About 71 E Great Lakes St
Fully Remodeled in 2017/2018 with all permits. (See interior photos!) Property has 10 units, all 1 bedroom units where the tenants pay for their own gas & Electric with DTE (Each unit is individually metered). All tenants are on month to month agreements and aware of sale and potential rental increases. Maintenance should be normal to minimal as each year we have city inspections. All the units have the same footprint (Wear and tear will be different per unit). This property is ideal for investors looking for steady income and low maintenance.
Highlights
Summary
- Full Bathrooms: 10
- Basement: Yes
- Interior: ENERGYSTAR Qualified Doors, High Speed Internet
- Attached Garage: No
- Parking: Street Parking
- Architectural Style: Brownstone, Common Entry Building
- Heating: ENERGY STAR Qualified Equipment, Natural Gas
- Cooling: ENERGY STAR Qualified Equipment
- List Price: $795,000
- Price/SqFt: $86
- Annual Tax Amount: $9,192
- Tax Year: 2024
- Directions: Jefferson and E. Great Lakes are the cross roads (Across from the Park).
- Year Built: 1940
- Living Area: 9,150 SqFt
- Lot Size: 0.13 Acres
- MLS Number: 20250033207
- MLS Name: Realcomp II Ltd
- Office Name: Gemstone Realty
- Office Phone: (248) 755-1995
- Listing Agent: Shannon McDougal
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Last updated on: 5/10/2025, 2:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$795,000
71 E Great Lakes St
$9,441
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 21, 2015 | Home Sold | $70,000 |
Apr 02, 2004 | Home Sold | $220,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $105,900 | $9,192 |
2022 | $105,900 | $9,441 |
2021 | $100,300 | $8,611 |
2020 | $89,300 | $9,831 |
2018 | $98,200 | $9,831 |
2017 | $52,100 | $5,349 |
History based on county public records data.
Nearby schools
2
Ann Visger Elementary School
Public District PK-5
0.2 mi
•11121 W Jefferson Ave
1
Ralph J. Bunche Academy
Public District PK-3
1.2 mi
•503 Hyacinthe St
2
Raupp Elementary School
Public District PK-6
1.9 mi
•1351 Ethel Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,282. Residents of River Rouge, MI typically earn less than $<35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 71 E Great Lakes St in River Rouge, MI and zip code 48218. This 9,150 square foot home, which was built in 1940, sits on a 0.13 acre lot. Features: 10 bathrooms. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $795,000.
Over 0 listings were sold over their listed price in April 2025 in River Rouge, MI. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in River Rouge, MI between March and April 2025 increased by 11.5%. Listings spent 76 days on the market in April 2025, and had a median list price of $100,000 during the same period.