MLS # 20240011850 (Realcomp)

Investment Opportunity Alert! This charming home, originally a single family home was cleverly transformed into a lucrative two-family property. While the first floor of the property is owner-occupied currently, the second floor unit is already rented out, generating income of $820.00 per month. With the potential to rent out both units, you can maximize your returns and turn this property into a profitable investment. The second floor has a private entrance via an outside staircase, offering one bedroom, one bath, a kitchen, a living room and laundry facilities. Don't let this opportunity slip away, invest in this versatile two family today!The 2nd floor of the home is currently rented for $850.00 per month and based on rental rates in the area can be rented for at least $950.00 per month for top floor and $1,200-$1,300 for the bottom floor making this home a great 2 family investment opportunity. The home was Improved in 2020 upstairs with: new walls, flooring, interior paint, the rear patio deck was redone, Kitchen cabinets, Butcher block counters, new tile in bathroom, Gutters in backyard. Downstairs unit: Interior painting, Butcher Block counter. OUTSIDE:New automatic garage door, Beautified front porch, Completely painted exterior of home.
Source: SparkMLS
Located in Waterford Township in Waterford, this property offers 3-bedroom, 2-bath, 1,185 sq ft, with original construction dating to 1920.
Final sale price: $180,000 (about $152/sq ft).
Property tax estimate: $2,638 per year ($220/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
T3N, R9E, SEC 25 HURON GARDENS LOT 151
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Lawrence Masnovi
Real Estate One-Milford
Municipality: CHARTER TOWNSHIP OF WATERFORD
School district: PONTIAC CITY SCHOOL DISTRICT
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
5 Gbps
Upload
5 Gbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
960 LA SALLE Avenue, Waterford, MI 48328
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Municipality
Waterford Township
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County
Oakland County
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