1905 W Grand Boulevard

    Detroit, MI 48208
    • $395,000
    • STATUS: Active
    • ON SITE: 146 days
    • MLS #: 217083422
    $395,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,938
      SQFT
    • $100
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1913
    County:
    Zoning: Multi-Family
    Lot Size Dimensions: 40.00X200.00

    School Ratings & Info

    School District:

    Description

    *THE TOTAL PURCHASE PRICE FOR THIS REAL ESTATE PORTFOLIO IS $1,000,000.00. *THIS PROPERTY MUST BE SOLD TOGETHER WITH: 1900 WEST GRAND BLVD (MLS#217083424 ) and 1660 WEST GRAND BLVD(MLS# 217083416). DON'T MISS OUT ON THIS UNBELIEVABLE INVESTMENT OPPORTUNITY ON THIS UPDATED, FULLY RENOVATED, APARTMENT BUILDING ON WEST GRAND BLVD. YES, WEST GRAND BLVD!! WEST GRAND BLVD IS POISED TO BECOME DETROITS NEW HOT AREA! MINUTES FROM SHOPPING, DOWNTOWN, EXPRESSWAYS, SCHOOLS, HOSPITALS, AND THE MOTOWN MUSEUM WHICH IS UNDERGOING A NEW $50 MILLION FACELIFT. THIS LOCATION IS PERFECT AND THIS APARTMENT IS TURN KEY WITH ALL THE BELLS AND WHISTLES THAT TENANTS LOVE! ITS LOCATION AND UPGRADES GIVE IT A COMPETITIVE ADVANTAGE IN DETROIT'S RENTAL MARKET. ALL UNITS HAVE CERAMIC, HARDWOODS, GRANITE, APPLIANCES, ETC. THE BASEMENT HAS RELAXING LOUNGING AREAS WITH TENANT ACCESSIBLE WASHER AND DRYER. THIS APARTMENT BUILDING WON'T LAST LONG. PROPERTY IS 100% OCCUPIED. 7% CAP RATE.*LISTING AGENT IS OWNER.

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center 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: 2018-02-18T23:56:43.807.
    www.homesearchannarbor.com/homes/77035951

    1905 W Grand Boulevard Detroit, MI 48208

    • Price: $395,000
    • Status: Active
    • MLS #: 217083422
    0
    Beds
    5
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,938
    SQFT
    $100
    $/SQFT
    1913
    Built
    Neighborhood:
    SCOVELS (PLATS)
    County:
    Wayne
    Area:
    Det South Of Grand River
    School District:
    DETROIT
    Property Description
    *THE TOTAL PURCHASE PRICE FOR THIS REAL ESTATE PORTFOLIO IS $1,000,000.00. *THIS PROPERTY MUST BE SOLD TOGETHER WITH: 1900 WEST GRAND BLVD (MLS#217083424 ) and 1660 WEST GRAND BLVD(MLS# 217083416). DON'T MISS OUT ON THIS UNBELIEVABLE INVESTMENT OPPORTUNITY ON THIS UPDATED, FULLY RENOVATED, APARTMENT BUILDING ON WEST GRAND BLVD. YES, WEST GRAND BLVD!! WEST GRAND BLVD IS POISED TO BECOME DETROITS NEW HOT AREA! MINUTES FROM SHOPPING, DOWNTOWN, EXPRESSWAYS, SCHOOLS, HOSPITALS, AND THE MOTOWN MUSEUM WHICH IS UNDERGOING A NEW $50 MILLION FACELIFT. THIS LOCATION IS PERFECT AND THIS APARTMENT IS TURN KEY WITH ALL THE BELLS AND WHISTLES THAT TENANTS LOVE! ITS LOCATION AND UPGRADES GIVE IT A COMPETITIVE ADVANTAGE IN DETROIT'S RENTAL MARKET. ALL UNITS HAVE CERAMIC, HARDWOODS, GRANITE, APPLIANCES, ETC. THE BASEMENT HAS RELAXING LOUNGING AREAS WITH TENANT ACCESSIBLE WASHER AND DRYER. THIS APARTMENT BUILDING WON'T LAST LONG. PROPERTY IS 100% OCCUPIED. 7% CAP RATE.*LISTING AGENT IS OWNER.
    Exterior Features

    Architecture Level 3 Story Architecture Style Upper/Lower Apartment Construction Materials Brick Exterior Features Fenced Foundation Details Basement Foundation Materials Brick Lot Size Dimensions 40.00X200.00 Multifamily Parking Paved Pool YN No Porch Type PatioPorch - Covered Road Frontage Feet 50 Road Frontage Type PavedPrivate Waterfront YN No

    Interior Features

    Basement Type CommonPartially FinishedPrivate Storage Locker Basement YN Yes Baths Total 5.00 Heating Forced AirHot Water Heating Fuel Natural Gas Interior Features Laundry Facility Room Count 0 Sq Ft Combined 5138 Sq Ft Lower Floor 1200 Sq Ft Source Prd Sq Ft Total Basement 1500 Unit Efficiency Number Of 2 Unit One Bed Number Of 0 Unit Three Bed Number Of 2 Unit Two Bed Number Of 1 Water Heater Fuel Natural Gas

    Property Features

    Assessment 0 Encroachment YN No Exclusions YN No Gross Scheduled Income 36600.00 Income Projection Actual Inventory List YN Yes Land Contract YN No Legal Rental Certified YN No Listing Financing CashConventionalFha Monthly Rental Income 3050 Net Operating Income 27670.00 Number Of Units Leased 5 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Detroit Protection Period 180 Rent Includes Garbage PickupSnow RemovalWater/SewerYard Maintenance Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 81.0000 Tax Amount Winter 12.0000 Title Private - Owned Total Tax 93.0000 Transaction Type Sale Unparsed Address 1905 W GRAND BLVD Water Source Municipal Water Year Remodeled 2007 Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Berkshire Hathaway Home Services The Loft Warehous and Realcomp, ©2016 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center 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: 2018-02-18T23:56:43.807.
    The Toth Team - Keller Williams Ann Arbor Market Center
    2144 S State St
    Ann Arbor MI, 48104