• 1740 W Grand Boulevard Detroit, Michigan 48208

  • $695,000
  • 45
    Bed(s)
  • 65
    Baths
  • 39,160
    Sq Ft
  • 0.46
    Acre

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.

Property Type :

Multifamily

Subdivision :

Scovels (plats)

County :

Wayne

Style :

Multifamily

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Property Details

 

Bathroom Information

Total Baths: 65

Full Baths: 65

Interior Features

Roof : Rubber

Basement Description: Unfinished

Heating & Cooling

Heating: Other

Heating Fuel: Natural Gas

Building Information

Year Built: 1951

Building Stories: 4-10 Story

Total Units: 65

Roof: Rubber

Foundation/Basement: Basement

Architecture: Common Entry Building

Exterior Features

Construction: Brick

Utility Features

Sewer: Public Sewer (Sewer-Sanitary)

Water

Public (Municipal)

Lot Information

Lot Size: 0.46

Lot Dimensions: 175.00 x 175.00

Property Information

SQ ft: 39160

Subdivision: SCOVELS (PLATS)

Financing: Cash,Conventional

Listing Price Information

Original List Price: $695,000

Listing Information

Possession: At Close

Legal Description: E GRAND BLVD W N 25 FT 4 3 THRU 1 BLK 4 SCOVELS SUB L11 P97 PLATS, W C R 14/105 175 X 175

Tax Information

Annual Tax: $17,174

Parcel Number: W14I008035C8

Possession

At Close

Legal Information

Legal Description: Section: E GRAND BLVD W N 25 FT 4 3 THRU 1 BLK 4 SCOVELS SUB L11 P97 PLATS, W C R 14/105 175 X 175

Parking Information

Parking: 40

Multi-Unit Information

Road Frontage: Paved

Unit 1 Information

# of Bedrooms: 45

School Information

School District: Detroit

Utility Information

Water:Public (Municipal)

Sewer:Public Sewer (Sewer-Sanitary)

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4443 Trumbull , Detroit, MI,48208 $349,000 -- -- -- 0.48 Acre
2645 Ferry Park Street , Detroit, MI,48208 $9,000 -- -- -- 0.11 Acre
4463 23rd Street , Detroit, MI,48208 $99,000 4 2 1,545 --
3408 Cochrane Street #7, Detroit, MI,48208 $499,750 2 2.5 1,575 --
3408 Cochrane Street #1, Detroit, MI,48208 $488,750 3 2.5 1,585 --
4226 18th Street , Detroit, MI,48208 $60,000 3 1.5 1,565 0.21 Acre
3330 14th Street , Detroit, MI,48208 $28,000 -- -- -- 0.07 Acre
4200 Lawton Street , Detroit, MI,48208 $75,000 -- -- -- 0.08 Acre
2739 Buchanan Street , Detroit, MI,48208 $150,000 -- -- -- 0.06 Acre
3932 18th Street , Detroit, MI,48208 $150,000 -- -- -- 0.1 Acre
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 05/02/2024 @ 15:06

MLS: 604125923
LISTED BY: Philip V Lang , Re/Max Connection
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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