700 Alter Road, Detroit, MI 48215 - MLS#20240083889

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Jason Miller

jason@millerteamrealtors.com +1(248) 444-8774

$189,000

Est. payment - /mo

2 Beds

2 Baths

2,448 SqFt

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UPDATED:

11/08/2024 04:07 AM

Key Details

Property Type Multi-Family

Sub Type Colonial,Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,448 sqft

Price per Sqft $77

Subdivision Windmill Pointe Sub (Also P6) (Plats)

MLS Listing ID 20240083889

Style Colonial,Duplex

Bedrooms 2

Full Baths 2

Originating Board Realcomp II Ltd

Year Built 1953

Annual Tax Amount $2,164

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 50.00 x 135.00

Property Description

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!

Location

State MI

County Wayne

Area Det: Mcclellan East/Mack To Shor

Zoning Multi-Family

Direction South of Jefferson

Rooms

Basement Unfinished, Private Storage Locker, Private

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Waterfront no

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style Colonial, Duplex

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W21I062680S

Ownership Short Sale - No,Private Owned

Assessment Amount $340

Acceptable Financing Cash, Conventional, FHA, VA, Warranty Deed

Listing Terms Cash, Conventional, FHA, VA, Warranty Deed

Financing Cash,Conventional,FHA,VA,Warranty Deed

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Listed by James B Saros of Jim Saros Real Estate Services

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Jason Miller

+1(248) 444-8774

Broker | Brerms:277398

Broker Brerms:277398

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