REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Scott Hutchison

scott@web-homes.net +1(616) 291-0440

$ 315,000

Est. payment | -/mo

2 Baths

3,920 Sqft Lot

Save

$ 315,000

Est. payment | -/mo

Save

2 Baths

3,920 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 20261041221

Year Built 1915

Annual Tax Amount $2,243

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 30X136

Source Realcomp

Property Description

Renovated two-family flat producing roughly $19,000 a year in net income. The lower unit is short-term and turns over this summer; the upper is leased through June 2027 at $1,425/month. That mix gives an owner-occupant room to live in one unit and let the other help carry the note, or an investor a stabilized upper with upside on the turnover below.The renovated units offer 1,050 sq ft of hardwood floors, a bay window, and an exposed brick column that runs from the living space into the kitchens. The kitchens pair quartz counters with a gas ranges, dishwashers, subway tile backsplashes, and open shelving; the full baths are finished in floor-to-ceiling tile. Fenced backyard and separate washer and dryer in shared basement with lots of extra storage space. Location carries the value. The home sits near the Motown Museum, whose $75 million expansion is under construction on West Grand Boulevard, and a short walk from Henry Ford Health's $2.2 billion Destination: Grand hospital campus, a 20-story tower set to open by the end of 2029, part of a broader New Center plan with Michigan State University and the Detroit Pistons that adds a medical research center and mixed-use housing. With Wayne State, CCS, and Henry Ford all close, rental demand should stay healthy for years. Steps to New Center and Milwaukee Junction, adjacent to LaSalle Gardens and Virginia Park, minutes from the North End, and a quick ride to Corktown and downtown.

Location

State MI

County Wayne

Zoning Multi-Family,Residential

Direction Grand Blvd to Holden to Commonwealth

Rooms

Basement Daylight

Interior

Heating Forced Air

Cooling Central Air

Exterior

View Y/N No

Building

Water Public

Structure Type Vinyl Siding

Schools

School District Detroit

Others

Tax ID W08I006139S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Douglas Rose Realty

NEARBY SCHOOLS & PROPERTIES

“Part of my Job as Your Real Estate Expert is to protect you from the incompetency that runs rampet in our industry”

+1(616) 291-0440

scott@web-homes.net

8 N. Bridge Street Suite 104B, Rockford, MI, 49341, United States

6123 Commonwealth Street Detroit, MI 48208