1980 W Grand Street

Detroit, MI 48238
Square Ft.
2,304
$140,000
Great location and the perfect opportunity to create the cash flow you have been looking for. Area rents for 3-bedroom units are $1300-$1500. This will make a great investment to rent to Section 8 tenants or live in one unit and rent the other. The buyer will receive a warrantyRead MoreRead Less
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Listing Snapshot
Days Online
12
Last Updated
Property Type
Multifamily
Square Ft.
2,304
Lot Size
0.08 Acres
Year Built
1926
MLS Number
20261040182
30 Days Snapshot - Source: Home Junction
30 Days Snapshot Of 48238
$53k
-25%
(avg) sold price
14
0%
homes sold
71
+33%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 three-bedroom units, Built in 1926, Architectural style: Duplex, Brick, 2,304 total square feet, 2,304 combined square feet, 1,152 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.08, Lot size dimensions: 35X105
Miscellaneous
Gross scheduled income: $16,800, Income projection: Projected, Monthly rental income: $1,400, Net operating income: $16,800
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $2,540, Tax amount (winter): $675
Sewer
Sewer (Sewer-Sanitary)
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Mortgage Calculator - Source: Home Junction
Monthly Payment
$0
Quinton Lemond
Broker/Owner
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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.

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