Rare Opportunity on the Grosse Pointe/Detroit Border! Just one block from the Detroit River and within walking distance of Coriander Kitchen & Farm, this spacious property offers incredible flexibility for homeowners and investors alike. Currently configured with separate upper and lower living spaces, the home is ideal for multigenerational living, an owner-occupant seeking rental income, or conversion to a spacious single-family residence. The lower level is owner occupied, while the upper unit is leased through October 1, 2026, providing immediate rental income. Estimated market rents are approximately $1,700 per month for the lower level and $800 per month for the upper level. Additional features include a detached two-car garage, basement storage, a generous lot, and an unbeatable location just minutes from the Detroit River, Belle Isle, downtown Detroit, and Grosse Pointe. Whether you're searching for a home with income potential or a property to make your own, this one offers exceptional value and endless possibilities.
Listed By
Agency Name: Vie Real Estate
Agency Phone: (248) 600-4669
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimated Payment
$ 603.88 per month $533.91 Principal & Interest $0.00 Property Tax (data not provided by mls) $69.97 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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648 Alter Road | MLS# 20261051831
This single family home located at 648 Alter Road, Detroit, MI 48215 is currently listed for sale with an asking price of $239,900. This property was built in 1959 and has 3 bedrooms and 2 full baths with 2988 sq. ft. Alter Road is located in the Windmill Pointe Sub Also P6 subdivision within the Detroit school district. Search Windmill Pointe Sub Also P6 real estate on www.griffithrealty.com today.