$ 695,000
1740 W GRAND Boulevard Detroit, MI 48208
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$ 695,000
Est. payment | /mo
65 Baths
0.46 Acres Lot
$ 695,000
Est. payment | /mo
65 Baths
0.46 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240020781
Originating Board Realcomp
Year Built 1951
Annual Tax Amount $17,174
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 175.00 x 175.00
Property Description
65 Unit apartment. Needs full rehab. Parking in rear.Income and expenses are estimated.20 Studios @ $800= $16,00045 1 bedrooms @ $900 = $40,500. Total monthly income $56,500. Mgmt Fee 6%= $40,680, Taxes $15,700, Ins $20,000, untilities $5,000.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction North of I-94 freeway
Exterior
Waterfront No
View Y/N No
Roof Type Rubber
Building
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID W14I008035C8
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Re/Max Connection
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Tricia Carlson
REALTOR® | Lic# 6506048426