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About the Listing 113829 - RC457226
Great Investment Opportunity on the Grosse Pointe/Detroit Border! Just one block from the Detroit River and within walking distance of Coriander Kitchen & Farm, this versatile multi-unit property offers strong income potential in a rapidly appreciating area. Perfect for an owner-occupant looking to offset their mortgage or an investor seeking immediate rental income. The lower unit is owner occupied and could command approximately $1,700 per month in rent, while the upper unit is currently leased through October 1, 2026, and rents for approximately $800 per month. Separate living spaces provide flexibility to rent both units or live in one and lease the other. Features include a spacious lot, detached two-car garage, basement storage, and a highly desirable location near waterfront parks, dining, and downtown Detroit amenities. Whether you're expanding your portfolio or looking for a smart house-hack opportunity, this property is packed with potential.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
61003749
Year Built
1959
Total Square Footage
2,988
Lot/Acreage
0.16
County
Wayne
Neighborhood
Windmill Pointe Sub Also P6
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2988
- Below Ground Sq Ft: n/a
- Basement: Block
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 50X135
- Zoning: Residential
- Roof:
- Others: Porch
- Sewer:
Financial Details
- Tax Amount: $125
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
648 Alter Detroit, MI 48215
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