485 E GRAND BoulevardDetroit, MI 48207
$365,000
Listing courtesy of @properties Christie's Int'l R.E. Birmingham
6
Baths
2,884
Sqft
About
This Home
Incredible investment opportunity in the heart of Island View! This massive multi-unit residence has served as a licensed adult foster care facility for over 50 years and was previously approved for up to 20 residents. The property is currently tenant-occupied with ten long-term residents—many with over a decade of tenancy—who would love to stay. With nine spacious bedrooms, four full bathrooms, and two half baths, the floor plan offers flexibility and scale. Just minutes from Belle Isle, downtown Detroit, and the bustling West Village, this property is perfect for investors seeking cash flow and long-term upside in a rapidly developing neighborhood.
Details
- Property Type
- Residential Income
- Style
- Multi Family
- Year Built
- 1912
- Lot Size
- 0.27 acres
- Garage Spaces
- 0
- Heating
- Hot Water, Natural Gas
- Cooling
- None
- Basement
- Full, Unfinished
- Annual Taxes
- $4,191
- MLS #
- 20261052633
About Detroit
Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.
Gallery
Listing courtesy of @properties Christie's Int'l R.E. Birmingham. MLS # 20261052633. Information is deemed reliable but not guaranteed and should be independently verified.
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