1565 W Grand

Detroit, MI 48208
  • $299,900

    Price
  • 0

    Bed
  • 4

    Bath
  • 3,640

    SqFt

About the Listing 103418 - RC278999

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.

Listing Highlights

Status Active
Days on Site 104
Property Type Multi-Family
MLS ® 61000365
Year Built 1912
Total Square Footage 3,640
Lot/Acreage 0.12

Interior Details

  • Bedrooms: 0
  • Bathrooms: 3 Full / 1 Half
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 3640
  • Below Ground Sq Ft: n/a
  • Basement: Block
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 40X125
  • Zoning: Residential
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $6,283
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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% Down Payment
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Questions About..

1565 W Grand Detroit, MI 48208

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Originating MLS: RealComp

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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