All reasonable offers will be considered! Send it over!Multi-Unit Investment Property for Sale in DetroitExceptional opportunity to own a multi-unit residential property in a prime Detroit location with tremendous upside potential. Rich in character, the building features beautifully preserved original wood finishes, multiple fireplaces, spacious open living areas, and a blend of classic architecture with select modern opportunity, including some vinyl windows and a bathroom already updated.Outside, a gated rear parking slab provides added convenience for residents. Ideally located just west of Corktown, close to the Detroit River, and just minutes from New Center neighborhood where the $3 billion Future of Health development is planned; a landmark joint venture between Henry Ford Health, Michigan State University, and the Detroit Pistons organization. When complete, this project will add a 1.2 million sq ft hospital tower, a 335,000 sq ft research center, and 662 new mixed-income apartments within short distance of this property. The demand that follows that kind of institutional investment - healthcare workers, university staff, researchers, and support personnel means that this property offers an outstanding opportunity for investors or owner-occupants looking to bring their vision to life in one of Detroit's most sought-after areas.
Listed By
Agency Name: Avenue Group Homes, LLC
Agency Phone: 2486303099
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimated Payment
$ 868.65 per month $578.42 Principal & Interest $214.42 Property Tax $75.80 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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744 W Grand Boulevard | MLS# 20261066404
This multi-family property located at 744 W Grand Boulevard , Detroit, Mi 48216 is currently listed for sale with an asking price of $259,900. W Grand Boulevard is located within the Detroit school district. Search Detroit real estate on www.griffithrealty.com today.