1740 W GRAND Boulevard Active

Detroit,MI 48208

$ 695000

- Bed

65 Baths

- SqFt


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

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