1565 W Grand Blvd, Detroit, MI 48208

$299,900
4
BA
3,640
SqFt

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List Price
$299,900
MLS#
20261041443
Status
ACTIVE
Bathrooms
4
Half-baths
1
Subdivision
BELA HUBBARDS SUB

Property Description

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.

Additional Information

Year Built
1912
Basement Type
Full, Unfinished
Acres
0.12
Style
Colonial
Acres
0.12
School District
Detroit
Heating
Forced Air, Natural Gas

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Courtesy of EXP Realty Main 8885017085

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