See all 63 photos
$212,000
Est. payment /mo
2,600 SqFt
New
3742 W Grand ST Detroit City, MI 48238
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UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $81
MLS Listing ID 81026057992
Year Built 1926
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type MultiFamily
Property Description
3 Unit Property is ready & equipped to produce multiple streams of income! $2,800-$2,850 per month, a rare 1.34% (or higher) rent-to-value ratio, Current Taxes are $100 per month! Located in one Of Detroit's most Stable Rental Corridors.* Attention House Hackers * 3-bedroom main floor & 2 x 1 Bedroom Units Up, Major Recent Renovations done in the last 2 years, from the new Roof inc. new wood underlayment, to Basement and all 3 Units, Beautiful/Durable Hardwood Oak Floors Throughout, Newly Updated Kitchens w/Expansive Cabinetry & Corian Counters in 2 of 3 units, Solid Ceramic Baths w/newer fixtures in all 3 Units, 3 Gas & electric meters, UPDATED: all 3 Furnaces, 3 Hot Water Heaters Plumbing & Electric Panels & Wiring, Windows, Doors, Basement features 3 separate laudry tub hook ups, could be used by all 3 tenants inc. storage cages or option to keep it separate... a solid home & a solid investment *Grants available* from $7,500, $10,000 & $25,000 for qualified buyers CALL FOR DETAILS
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplace No
Laundry InBasement, SeeRemarks
Exterior
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional, FHA, MSHDA, VaLoan
Listing Terms Cash, Conventional, FHA, MSHDA, VaLoan

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Listed by John Wallen of Michigan Dream Homes, LLC
NEARBY SCHOOL & BUSINESS
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