2302, Grand, Detroit, MI, 48238
Basics
- Date added: Added 5 months ago
- Category: Multi-Family
- Type: 2 to 4 Units
- Status: Active
- Bathrooms: 0
- Lot size: 0.11 sq ft
- Year built: 1925
- Subdivision Name: Robert Oakmans Twelfth St
- Lot Size Acres: 0.11 acres
- County: Wayne
- MLS ID: 24034687
Description
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Description:
Seize this incredible investment opportunity with a multifamily property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.
Key Features:
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4 UNIT WITH 2 BDRMS EACH
Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.
Income-Producing: This multifamily property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.
Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.
Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentive
Location
- Directions: Head southwest toward John C Lodge Service Dr. Turn right onto John C Lodge Service Dr, then immediately turn left onto W Grand St. Your destination will be on the left.
Building Details
- Number Of Units Total: 4
- Construction Materials: Brick
- Sewer: Public Sewer
- Heating: Forced Air
- Roof: Other
- Number Of Buildings: 1
- Basement: Crawl Space
Amenities & Features
- Parking Total: 0
- Utilities: Water Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
- Fireplaces Total: 1
Fees & Taxes
- Tax Assessed Value: $4,620
- Tax Year: 2023
- Tax Annual Amount: $639
School Information
- High School District: Detroit
- HighSchool: Mumford High School
- Middle Or Junior School: Mumford High School
- Elementary School: Marshall Thurgood Elementary School
Miscellaneous
- CrossStreet: La Salle Blvd
- Owner Pays: Trash Collection, Water, Sewer
- Listing Terms: VA Loan, FHA, Cash, Conventional
- Tenant Pays: Electric