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2123 W Grand Blvd

Detroit, MI 48208
  • $350,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: 2210095336
UPDATED: 38 min ago
$350,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,930
    SQFT
  • $119
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1913
County:
Zoning:
Residential
Lot Size Dimensions:
45.50X204.75

School Ratings & Info

School District:

Description

Investor Alert!! Thirteen studio units with four shared bathrooms and kitchen. Each room has it's own refrigerator, dresser, tv and bed. Four units have sinks in the room. The building features a well-kept interior and exterior. In the rear of the building is a parking lot for tenants. Positive Cash Flow Coming in with rent being due on the first of each month ( all rent is current and on a month-to-month lease). It also can be renovated back to someone's DREAM HOME or make make more Cash Flow by adding five units and a bathroom in the basement. It also includes a coin- operated washer, dryer and a vendor machine. LET'S GET THIS DEAL DONE!! BUYER AGENT TO VERIFY ALL INFORMATION (BATVAI).

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Alex Nugent Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-12-05T21:55:54.77.
www.alexnugent.com/homes/123305886
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2123 W Grand Blvd Detroit, MI 48208

  • Price: $350,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 38 min ago
  • ID#: 2210095336
0
Beds
4
Baths
0
½ Baths
0.21
Acres
2,930
SQFT
$119
$/SQFT
1913
Built
Neighborhood:
Wildemere Park (Plats)
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
Investor Alert!! Thirteen studio units with four shared bathrooms and kitchen. Each room has it's own refrigerator, dresser, tv and bed. Four units have sinks in the room. The building features a well-kept interior and exterior. In the rear of the building is a parking lot for tenants. Positive Cash Flow Coming in with rent being due on the first of each month ( all rent is current and on a month-to-month lease). It also can be renovated back to someone's DREAM HOME or make make more Cash Flow by adding five units and a bathroom in the basement. It also includes a coin- operated washer, dryer and a vendor machine. LET'S GET THIS DEAL DONE!! BUYER AGENT TO VERIFY ALL INFORMATION (BATVAI).
Exterior Features

Architecture Level 2 Story Architecture Style Colonial Construction Materials Brick Foundation Details Michigan Basement Foundation Materials Brick Lot Size Dimensions 45.50X204.75 Pool YN No Road Frontage Type Paved Waterfront YN No

Interior Features

Basement YN No Baths Total 4.00 Heating Forced Air Heating Fuel Natural Gas Living Area Source Public Records Room Count 0 Sq Ft Combined 2930 Unit Efficiency Number Of 13 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0

Property Features

Assessment 340 Down Payment Resource YN No Encroachment YN No Existing Lease YN No Gross Scheduled Income 69300.00 Income Projection Actual Inventory List YN Yes Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Rental Income 5775 Net Operating Income 56868.00 Number Of Units Leased 10 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed No Postal City Detroit Protection Period 180 Rent Includes ElectricHeatSnow RemovalWater/SewerYard Maintenance Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 1675.0000 Tax Amount Winter 160.0000 Title Private - Owned Total Tax 1835.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 2123 W GRAND BLVD Water Source Municipal Water Zoning Residential

IDX provided courtesy of Realcomp II Ltd., via C-Red Realty Group, Llc and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Alex Nugent Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-12-05T21:55:54.77.
 
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