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900 E Grand Boulevard

Detroit, MI 48207
Square Ft.
4,934
$349,000
Fully-occupied 5-unit apartment building producing $62,400/year in gross rental income. Consisting ofA;four 2-bedroom units (1,200 SF each) leased at $1,000/mo and one 3-bedroom (1,700 SF) leased atA;$1,200/mo. Landlord pays water; tenants pay gas and electric. Rents remain below market, providingA;strong upside potential in Detroit's revitalizing Islandview / West Village corridor.A;HighlightsA;-… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Century 21 Curran & Oberski.
Listing Snapshot
Days Online
167
Last Updated
Property Type
Commercial
Square Ft.
4,934
Lot Size
0.3 Acres
Year Built
1905
MLS Number
20251047515
30 Days Snapshot - Source: Home Junction
30 Days Snapshot Of 48207
$175k
+91%
(avg) sold price
13
0%
homes sold
84
-2%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Building
Built in 1905, Remodelled in 2023, 4,934 total square feet, 4,934 main square feet, 5 total units, 4 two-bedroom units, 1 three-bedroom unit, Vinyl
Exterior Features
Fenced
Foundation
Basement
Water Features
Natural Gas, Public (Municipal)
Heating
Natural Gas
Lot
Lot size area: 0.30, Lot size dimensions: 93.00X134.00
Miscellaneous
Gross scheduled income: $62,400, Net operating income: $46,800, Operating expense: $15,600, Residential, Apartments, Real Estate Only
Property
Property type: Commercial, Commercial, Multi-Family, Residential
Taxes
Tax amount (summer): $4,924, Tax amount (winter): $586
Utilities
220V Available, Carbon Monoxide Alarm(s), Smoke Alarm, Programmable Thermostat
Sewer
Sewer (Sewer-Sanitary)
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Mortgage Calculator - Source: Home Junction
Monthly Payment
$0
Quinton Lemond
Broker/Owner
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Schools In The Area

Check out nearby schools with ratings and contact info - Source: Home Junction
Garvey Academy 313-866-7400 Public PK-8
Southeastern High School 313-866-4500 Public 9-12
Garvey Academy 313-866-7400 Public PK-8
Garvey Academy 313-866-7400 Public PK-8
Garvey Academy 313-866-7400 Public PK-8
Southeastern High School 313-866-4500 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via GoodHome Realty, LLC and Quinton Lemond, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via GoodHome Realty, LLC and Quinton Lemond, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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