3742 W Grand Street, Detroit, MI 48238

$212,000

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List Price
$212,000
Days on Market
13
MLS#
26057992
Status
ACTIVE
Type
Multifamily

Property Description

3 Unit Property is ready & equipped to produce multiple streams of income! $2,800-$2,850 per month, a rare 1.34% (or higher) rent-to-value ratio, Current Taxes are $100 per month! Located in one Of Detroit's most Stable Rental Corridors.* Attention House Hackers * 3-bedroom main floor & 2 x 1 Bedroom Units Up, Major Recent Renovations done in the last 2 years, from the new Roof inc. new wood underlayment, to Basement and all 3 Units, Beautiful/Durable Hardwood Oak Floors Throughout, Newly Updated Kitchens w/Expansive Cabinetry & Corian Counters in 2 of 3 units, Solid Ceramic Baths w/newer fixtures in all 3 Units, 3 Gas & electric meters, UPDATED: all 3 Furnaces, 3 Hot Water Heaters Plumbing & Electric Panels & Wiring, Windows, Doors, Basement features 3 separate laudry tub hook ups, could be used by all 3 tenants inc. storage cages or option to keep it separate... a solid home & a solid investment *Grants available* from $7,500, $10,000 & $25,000 for qualified buyers CALL FOR DETAILS

Additional Information

Owner Pays
Trash Collection
Taxes
$1,162
Acres
0.09
Basement
Full
Heating
Forced Air
School District
Detroit
Tenant Pays
Electricity, Gas
Total Parking Spaces
3
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected
Water
Public Water

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: John Wallen from Listing Office: Michigan Dream Homes, LLC.

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