1740 W GRAND Boulevard Active

Detroit,MI 48208

$ 695000

45 Beds

65 Baths

39160 SqFt


Key Details

Property Type Multi-Family

Sub Type Common Entry Building

Listing Status Active

Purchase Type For Sale

Square Footage 39,160 sqft

Price per Sqft $17

Subdivision Scovels (Plats)

MLS Listing ID 20240020781

Style Common Entry Building

Bedrooms 45

Full Baths 65

Originating Board Realcomp II Ltd

Year Built 1951

Annual Tax Amount $17,174

Lot Size 0.460 Acres

Acres 0.46

Lot Dimensions 175.00 x 175.00

Property Description

65 Unit apartment. Needs full rehab. Parking in rear.
Income and expenses are estimated.
20 Studios @ $800= $16,000
45 1 bedrooms @ $900 = $40,500. Total monthly income $56,500. Mgmt Fee 6%= $40,680, Taxes $15,700, Ins $20,000, untilities $5,000.

Location

State MI

County Wayne

Area Det South Of Grand River

Zoning Multi-Family

Direction North of I-94 freeway

Rooms

Basement Unfinished

Interior

Heating Other

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 40.0

Waterfront no

Roof Type Rubber

Accessibility Accessible Elevator Installed

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Common Entry Building

Level or Stories 4-10 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed No

Tax ID W14I008035C8

Ownership Short Sale - No,Private Owned

Assessment Amount $100

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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