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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1565 W Grand Boulevard , Detroit, MI 48208
$299,900
Est. Payment: $666.44/mo
0 Bed
4 Bath
0 Sqft
Status: Active | Days on site: 100
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375382 - 278999
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House Description

Solid brick quadplex producing income on West Grand Boulevard. Four 2-bedroom, 1-bath units over a full basement. Three units are leased with tenants in place and the fourth is vacant, so a new owner sets that rent at today's market - the clearest upside in the building.Mechanicals have been updated: newer furnaces, updated electrical boxes and PEX plumbing throughout. Photos are recent and reflect current condition.A complete investment analysis is attached to the listing documents alongside the disclosures - rent, actual taxes, insurance, management and net income on one page - so this property can be evaluated properly before writing.Tenant parking on the street in front or behind the building. Shown upon accepted offer only; please do not disturb tenants. Leases and ledgers provided during the inspection period. Cash, Conventional, FHA or VA only - no alternative financing.

Highlights

Listed by Carlo Gobba , 248-721-8843 EXP Realty Main , 888-501-7085.

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1912

County

Wayne

School District

Detroit

Listing ID

20261041443

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$666
Taxes
$524

Home Price

$299,900

Loan Details

30 yrs
%

Down Payment

20%
$59,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$666.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $666.44 $523.58 $0.00 $1,190.03
Yearly $7,997.33 $6,283.00 $0.00 $14,280.33
Total $239,920.00 $188,490.00 $0.00 $428,410.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.