Pending
700 Alter Road
Detroit MI, 48215 3923
$189,000
$77.21 per sqft
Pending
2 Baths
2,448 sqft
Multi-family
Built in 1953
Exciting investment opportunity in the rapidly appreciating Jefferson Chalmers Neighborhood! Outstanding location South of Jefferson sharing a fence line with the City of Grosse Pointe Park and across from the charming canals of Jefferson Chalmers, this all brick duplex boasts large open concept living spaces, 2 large bedrooms with huge closets per unit, large kitchens, well maintained bathrooms, separate- private basements for each tenant with storage & laundry, and driveway with garage for convenient off street parking for tenants. "House Hack" by living in one unit and renting the other! Separate utility meters for each apartment. Market rents of $1,050+ per unit! Super easy to manage and allows for a strong passive income! Very walkable location steps from coffee, dining, and shopping on Jefferson & Kercheval as well as the highly anticipated $45M+ development of the new Performing Arts Center coming to Jefferson! Neighboring duplex sales as high as $300K+ allowing for an attractive value add opportunity!
60352641
MLSⓇ ID
November 6, 2024
Listed
December 31, 2024
Updated
Map
700 Alter Road
Detroit MI, 48215 3923
Interior Features
Total Stories
2
Total Bathrooms
2
Full Bathrooms
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.16 Acres
Architectual Style
Colonial
Sewer
Public At Street
School Information
School District
Detroit City School District
Other Property Details
Area Name
Detroit (82001)
Taxes
$2,164
Tax Frequency
Annually
Days on Market
26
Garage
Yes
Parking
Garage
View
No
County
Wayne
Water Source
Public Water at Street
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
12/31/2024 | Pending | — |
12/2/2024 | Under contract | — |
11/8/2024 | Active | — |
Listed by James Saros with Jim Saros Real Estate Services
Listing Contact: 313-886-9030
Based on information originating from the MiRealSource as of 12/31/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/31/2024 at 6:48 PM UTC