Hazel Park Homes with 1031 Exchange Financial terms

Hazel Park Homes with 1031 Exchange Financial terms

Welcome to Hazel Park, Michigan—a charming city nestled in the heart of Oakland County, where community spirit meets suburban tranquility. Known for its welcoming atmosphere and vibrant neighborhoods, Hazel Park offers a unique blend of urban conveniences and small-town charm. With a rich history and a diverse population, this city is an ideal place for families, young professionals, and retirees alike.

Hazel Park boasts an array of parks and recreational facilities, making it perfect for outdoor enthusiasts. With its convenient location just a short drive from downtown Detroit, residents enjoy easy access to the bustling city life while still relishing the peaceful ambiance of suburban living. The city is also known for its excellent schools, local shops, and a variety of dining options, ensuring that residents have everything they need right at their fingertips.

For those interested in real estate investment, Hazel Park presents unique opportunities, especially with the availability of homes that qualify for a 1031 Exchange. This financial strategy allows investors to defer capital gains taxes when they reinvest the proceeds from the sale of one property into another similar property. Whether you are looking to expand your investment portfolio or find a new place to call home, Hazel Park’s real estate market is ripe with potential.

Explore the charm of Hazel Park and discover your next investment opportunity or dream home in this delightful city. With its friendly community and promising real estate options, Hazel Park is truly a hidden gem in Oakland County!

Newest Hazel Park Homes with 1031 Exchange Financial terms

$225,000
COMING SOON Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 61022019 MLS
Welcome to this charming 3-bedroom, 2-bathroom bungalow located in the heart of Hazel Park! Offering approximately 1,250 square feet of inviting living space, this property presents an exceptional opportunity for an owner-occupant looking for their next home or an investor seeking a ready-to-go addition to their portfolio. Location is everything, and this home truly delivers. Situated just minutes from the major interchange of I-75 and I-696, commuting and travel are an absolute breeze. You will love the unmatched convenience of being a quick, straightforward drive away from Downtown Detroit, providing easy access to the city's vibrant dining, sports, and entertainment districts. Hazel Park itself offers a dynamic community atmosphere, featuring local parks, thriving small businesses, and fantastic neighborhood dining options right around the corner. The interior boasts a practical and well-designed floor plan that maximizes both space and natural light. With a comfortable main-floor living area, a functional kitchen, and a spacious upper-level bungalow retreat, there is plenty of room to relax, work, or entertain. For investors, this property is uniquely positioned to perform: the home boasts a valid City of Hazel Park rental license that is active until January 2027, at which point it will require a standard renewal. This existing license allows you to hit the ground running without the usual initial inspection delays and red tape, making it a streamlined, hassle-free rental asset from day one. Whether you are looking to plant roots in an incredibly accessible Metro Detroit neighborhood or searching for a smart investment with rental compliance already in place, this Hazel Park gem checks all the boxes. Schedule your showing today!

23152 Tawas Avenue, Hazel Park

Listing Courtesy of Berkshire Hathaway HomeServices Kee Realty, Office Phone: 248-651-1200
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