Waterfront
Address
404 E Grand Boulevard Detroit, MI
Price
$ 525,000
Property Attributes
  • ID#2210087641
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDet Woodward-Mcclellan-So Mack
  • NeighborhoodFIELDS
  • Zip48207
  • StyleColonial
  • Year Built1906
  • Taxes$ 2070
  • Price$ 525,000
  • Bedrooms15
  • Full Bathrooms3
  • Half Bathrooms2
  • Sqr Footage3670
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Downtown Realty
Data Source:
RealComp
Property Description

WOW PRICE DROP!!!! Gorgeous home blocks away from Belle Isle and Detroit Riverfront. Property is currently being used as a license and insured Adult Foster Care home with 8 able body residents however license for 18 individual, generating a monthly income. Owner is selling the property in hope of having the residents remain in the property and existing staff is willing to continue working at the property, however, this property can also be your private home. The area is beautiful and upcoming. All measurements are and should be verified. A license agent must be present with all showing. Keep the business or make it your home all offers accepted

Price History
10/18/2021 Listed $875,000
12/2/2021 40% - $525,000

General Features

Basement Type Unfinished
Construction Materials Brick
Cumulative Days on Market 86
Gross Scheduled Income 176010.24
Heating Steam
Listing Agent Public Id 398742
Net Operating Income 138820.02
Ownership Status Private Owned, Short Sale - No
Parcel Number W15I007560S
Property Type Multifamily
School District Detroit
Sewer Sewer at Street
Short Sale No
Status Active
Subdivision Name FIELDS
Terms Offered Cash, Conventional, Warranty Deed
Total Sq Ft 3670
Transaction Type Sale
Year Built 1906
Year Remodeled 2015
Zoning Residential

Interior Features

Basement Y/N Yes
Full Baths 3
Half Baths 2
Heating Fuel Natural Gas
Total Baths 3.20
Total Units 6
Unit Count 1

Exterior Features

Architecture Level 2 Story
Architecture Style Colonial
Foundation Basement
Foundation Materials Brick
Frontage Feet 50
Lot Size Area 0.16
Lot Size Dimensions 45X155
Porch Deck
Roof Material Asphalt
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Remerica Main Street Realty and The Originating MLS(found above), © 2022 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for 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.

Data is updated as of January 22, 2022 12:26 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Multi-Family Average in 48207

Price
AVG $180K
$530K
Taxes
AVG $1,220
$2,070
Visits
AVG 42
92
Year Built
AVG 1911
1906
Walkscore
AVG 48
51
Data Provided by Walkscore ® not using MLS data