5530 Alter Rd, Detroit, MI 48224

$61,000
5
BD
4
BA
2,512
SqFt

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Sold Price
$61,000
List Price
$105,000
Closing Date
Jun 05, 2025
MLS#
20240093046
Status
CLOSED
Bedrooms
5
Bathrooms
4
Half-baths
1
Total Square Footage
2,512
Subdivision
WALLACE FRANK B ALTER RD GARDENS

Property Description

Welcome to this full gem in the desirable 48224 zip code! This property offers incredible potential, featuring multi-family 5 spacious bedrooms (3 on the first floor and 2 upstairs), 3 full bathrooms, and a convenient half bath in the basement. With separate living and dining rooms on both floors, this home provides ample space and privacy. Recent upgrades include a brand-new roof and new gutters (11/2024), ensuring peace of mind for years to come. This property offers a spacious layout with a fireplace on the first floor, a spacious basement with two extra rooms, perfect for extra storage or workspace, and the 2-car garage offers additional value with some rehab needed. Whether you are looking to flip or hold for long-term rental income, this property offers endless possibilities, this will be a great investment situated in a beautiful neighborhood. Don’t miss this incredible opportunity – submit your offer today! This property is ready to generate rental income or serve as a fantastic owner-occupied home. Schedule a showing now and make it yours!

Additional Information

Year Built
1938
Basement Type
Unfinished
Foundation
Basement, Block
Acres
0.11
Style
Traditional
Acres
0.11
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Spaces
2
Garage Description
2 Car, Detached, Driveway, Garage Faces Front

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Calculator source: Real Geeks

Courtesy of Keller Williams Realty-Great Lakes 5865414000

Selling Office: Keller Williams Realty-Great Lakes.

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