744 W Grand Blvd Detroit, MI 48216
Multifamily property with renovation potential in a prime location.
Lot size:
0.14 AcresProperty Features for 744 W Grand Blvd
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.14 Acres
Building Details
- Year built
- 1905
Source:
Elliman
Listing Agency: Waison Realty LLC Listing Agent: Noemis Alvarez
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovation Opportunity Near Downtown Detroit
This multifamily property presents a renovation opportunity for investors interested in the Corktown and Mexican-town markets. The building requires modernization and improvements, but it features high ceilings and unique layouts in each townhome. The first townhome includes second-floor bedrooms, and both units have fireplaces with original wood trim mantels and hardwood floors preserved beneath the carpet. There is potential for second-floor bedroom suites, an extra rental apartment, and a third-floor flat roof attic with future development potential overlooking downtown Detroit. The full unfinished basement provides flexibility for storage and mechanical upgrades. The property is located minutes from downtown Detroit and less than a mile from the future Alumni-Fi Soccer Field (2027), and is 2.5 miles from Campus Martius Park and 1 mile from Corktown and Central Station.
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0932405
- Latitude
- 42.3292714
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Multifamily property with renovation potential in a prime location.
Where is this multifamily property located?
The property is located at 744 W Grand Blvd Detroit, MI.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: - Prime location near Corktown and Mexican-town, close to downtown Detroit and future Alumni-Fi Soccer Field.; - High ceilings and unique layouts in each townhome.; - Potential for extra rental income from an additional apartment.
