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1104 Grand Blvd Detroit, MI 48207

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For Sale
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Four-unit rental portfolio, prime redevelopment site.

Property size:
3,174 SF

Property Features for 1104 Grand Blvd

General Information

Property type
Multifamily properties
Square Feet
3,174 SF
Class
C
Lot Size
6,011 SF

Building Details

Year Built
1908
Buildings
1
Stories
2
Units
4

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Listing Contact
Ivory Moorer
Ivory Moorer

Listing Agency: IJM REAL ESTATE SERVICES Listing Agent: Ivory Moorer

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a four-unit multifamily property located at 1104-1106 E. Grand Blvd in Detroit, Michigan. The property, situated on a 0.138-acre lot, boasts a total of 3,174 square feet of net rentable space across two stories. Built in 1908, the property is classified as Class C and is zoned R5, offering significant redevelopment potential. The asking price is $160,000, translating to $50.41 per square foot and $40,000 per unit. This represents a compelling entry point into the Detroit real estate market. The property's location in Wayne County, with the address 1104-1106 E. Grand Blvd, Detroit, MI 48207, offers convenient access to various amenities and transportation options. The property's existing structure provides a solid foundation for a variety of redevelopment strategies, catering to the growing demand for rental housing in the area. The property's parcel number is 15007672. This is a rare chance to acquire a multifamily property in a desirable location with significant upside potential. Investors seeking a strong return on investment should act quickly to secure this promising opportunity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential income homes

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.0179052
Latitude
42.3724146

FAQs

What type of property is this?
Multifamily property - Four-unit rental portfolio, prime redevelopment site.
Where is this multifamily property located?
The property is located at 1104 Grand Blvd Detroit, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: $160,000 asking price for a four-unit multifamily property.; Four units in a single building, totaling 3,174 square feet.; $50.41 per square foot and $40,000 per unit.
(313) 406-9110 Call to check price and availability
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