14
See all 14 photos
$299,900
Est. payment /mo
4 Baths
5,227 Sqft Lot
Active
1565 W Grand Boulevard Detroit, MI 48208
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261041443
Year Built 1912
Annual Tax Amount $6,283
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40X125
Source Realcomp
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 being marketed for lease now, 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.
Location
State MI
County Wayne
Zoning Residential
Direction Coming from I-94 the building will be on your right
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W14I008157S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition {"Other":true}
Listed by EXP Realty Main
NEARBY SCHOOL & BUSINESS
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