4239 Alter Road

    Detroit, MI 48215
    • $590,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: 219093440
    UPDATED: 178 min ago
    $590,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 12
      BATHS
    • 0
      1/2 BATHS
    • 8,000
      SQFT
    • $74
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:
    Zoning:
    Multi-Family
    Lot Size Dimensions:
    40.00X105.80

    School Ratings & Info

    School District:

    Description

    Investment opportunity! Stately all brick 12 unit located in one of Detroit's most desirable rental markets. Perfect density for the investor looking to build their portfolio. Numerous updates. At 49K per door, this is a tremendous value in one of Detroit's most active rental markets. Superb location in close proximity to I-94, Grosse Pointe, Jefferson Chalmers.

    Monthly Payment Calculator



    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than BestMichiganHouses.com 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: 2019-09-20T23:56:53.923.
    www.greatmichiganhouses.com/homes/98828919

    4239 Alter Road Detroit, MI 48215

    • Price: $590,000
    • Status: Active
    • Updated: 178 min ago
    • ID#: 219093440
    0
    Beds
    12
    Baths
    0
    ½ Baths
    0.1
    Acres
    8,000
    SQFT
    $74
    $/SQFT
    1929
    Built
    Neighborhood:
    EDWIN LODGE (PLATS)
    County:
    Wayne
    Area:
    Det Con-mors/Grat. Hstn/7 Mack
    School District:
    DETROIT
    Property Description
    Investment opportunity! Stately all brick 12 unit located in one of Detroit's most desirable rental markets. Perfect density for the investor looking to build their portfolio. Numerous updates. At 49K per door, this is a tremendous value in one of Detroit's most active rental markets. Superb location in close proximity to I-94, Grosse Pointe, Jefferson Chalmers.
    Exterior Features

    Architecture Level 2 Story Architecture Style Colonial Construction Materials Brick Foundation Details Basement Foundation Materials Block Lot Size Dimensions 40.00X105.80 Pool YN No Road Frontage Type Paved Waterfront YN No

    Interior Features

    Basement Type Unfinished Basement YN Yes Baths Total 12.00 Heating Forced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Combined 8000 Sq Ft Total Basement 1200 Unit Efficiency Number Of 12 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0

    Property Features

    Assessment 0 Encroachment YN No Gross Scheduled Income 72000.00 Income Projection Projected Land Contract YN No Listing Financing Cash Monthly Rental Income 6000 Net Operating Income 15000.00 Number Of Units Leased 4 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Detroit Protection Period 90 Days Settlement City Sewer Sewer At Street Short Sale No Tax Amount Summer 1886.0000 Tax Amount Winter 220.0000 Title Private - Owned Total Tax 2106.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 4239 ALTER RD Water Source Municipal Water Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Real Estate One-W Blmfld and Realcomp, ©2019 Realcomp II Ltd. Shareholders.


    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than BestMichiganHouses.com 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: 2019-09-20T23:56:53.923.
     
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