1565 W Grand Boulevard, Detroit, MI 48208

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List Price
$299,900
Price Change
▼ $100 1786916256
Days on Market
107
MLS#
20261041443
Status
ACTIVE
Type
Multifamily
Bathrooms
4

Property Description

Solid brick quadplex producing income on West Grand Boulevard. Four 2-bedroom, 1-bath units over a full basement. Three units are leased with tenants in place and the fourth is vacant, so a new owner sets that rent at today's market - the clearest upside in the building.Mechanicals have been updated: newer furnaces, updated electrical boxes and PEX plumbing throughout. Photos are recent and reflect current condition.A complete investment analysis is attached to the listing documents alongside the disclosures - rent, actual taxes, insurance, management and net income on one page - so this property can be evaluated properly before writing.Tenant parking on the street in front or behind the building. Shown upon accepted offer only; please do not disturb tenants. Leases and ledgers provided during the inspection period. Cash, Conventional, FHA or VA only - no alternative financing.

Additional Information

Taxes
$6,283
Acres
0.12
Heating
Forced Air
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Carlo Gobba from Listing Office: EXP Realty Main.

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