Address
404 E Grand Blvd Detroit, MI
Price
$ 1,100,000
Property Attributes
  • MLS#40151869
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodDetroit
  • Zip48207
  • StyleColonial
  • Year Built1906
  • Taxes2066
  • Price$ 1,100,000
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms2
  • Sqr Footage3670
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Amin Realty
Data Source:
Michigan Multiple Listing Service
Property Description

LICENSED AND INSURED INCOME GENERATING GROUP HOME WITH 9 BEDROOMS 4 BATHROOMS! HOME IS OCCUPIED BY 8 RESIDENTS AND LICENSED FOR 18 RESIDENTS! GREAT VALUE ADD BUSINESS OPPORTUNITY FOR ANYONE WITH EXPERIENCE OR ANYONE LOOKING TO GET INTO GROUP HOMES INDUSTRY. BUSINESS IS BRINGING IN CLOSE TO $100K AS-IS YEARLY AFTER OPERATING EXPENCES. BUY AND START EARNING. POTENTIAL TO DOUBLE YOUR EARNING BY ADDING MORE RESIDENTS. 1 OUT OF 3 CURRENT STAFFS ARE WILLING TO STAY ON BOARD WITH NEW OWNERS. ALL RESIDENTS ARE MOBILE AND ABLE TO TAKE CARE OF THEMSELVES. FAMILY OWNED AND MANAGED FOR OVER 20 YEARS! THIS OPPORTUNITY WONT LAST LONG. REACH OUT TODAY FOR MORE DETAILS. LISTING IS FOR PROPERTY AND BUSINESS BOTH. BUYER TO PAY $399 COMPLIANCE FEE TO LISTING BROKER. BTVAI. NO SHOWINGS UNTIL ACCEPTED OFFER.

Price History
3/10/2021 Listed $1,100,000

General Features

Bathrooms 5
Class MULTIFAMILY
Community Amenities Pets-Not Allowed
Directions S of Mack / W of Van Dyke
Financial Terms Cash, Conventional
Full Baths 3
Half Baths 2
Heating Hot Water
Legal Description E E GRAND BLVD S45 FT 9 FIELDS L13 P1 PLATS, W C R 15/99 45X155
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Private
School District Detroit City School District
Source Mls MI Real Source
Status Active
Status Active
Structure Style 2 Story
Style Colonial
Subdivision FIELDS
Subj To Short Sale Apprvl No
Type Multi-Family
Water Public Water
Year Built 1906
Zoning Multi-Family

Interior Features

Basement Block
Fireplace? No
Fuel Type Natural Gas
Total Number of Units 2

Exterior Features

Exterior Brick
Foundation Type Basement
Lot Description Sidewalks
Lot Dimensions 45.00X155.00
Lot Size Area 0.16
Roads Paved Street
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

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

Property vs Zip Code Average in 48207

Price
AVG $180K
$1.1M
Taxes
AVG $1,048
$2,066
Visits
AVG 44
58
Year Built
AVG 1911
1906
Walkscore
AVG 45
51
Data Provided by Walkscore ® not using MLS data