700 Alter Road new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48215
Key Details
Property Type Multi-Family
Sub Type Colonial,Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,448 sqft
Price per Sqft $77
Subdivision Windmill Pointe Sub (Also P6) (Plats)
MLS Listing ID 20240083889
Style Colonial,Duplex
Bedrooms 2
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1953
Annual Tax Amount $2,164
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50.00 x 135.00
Property Description
Exciting investment opportunity in the rapidly appreciating Jefferson Chalmers Neighborhood! Outstanding location South of Jefferson sharing a fence line with the City of Grosse Pointe Park and across from the charming canals of Jefferson Chalmers, this all brick duplex boasts large open concept living spaces, 2 large bedrooms with huge closets per unit, large kitchens, well maintained bathrooms, separate- private basements for each tenant with storage & laundry, and driveway with garage for convenient off street parking for tenants. "House Hack" by living in one unit and renting the other! Separate utility meters for each apartment. Market rents of $1,050+ per unit! Super easy to manage and allows for a strong passive income!
Very walkable location steps from coffee, dining, and shopping on Jefferson & Kercheval as well as the highly anticipated $45M+ development of the new Performing Arts Center coming to Jefferson! Neighboring duplex sales as high as $300K+ allowing for an attractive value add opportunity!
Location
State MI
County Wayne
Area Det: Mcclellan East/Mack To Shor
Zoning Multi-Family
Direction South of Jefferson
Rooms
Basement Unfinished,Private Storage Locker,Private
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Waterfront no
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Sewer at Street
Water Water at Street
Architectural Style Colonial,Duplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W21I062680S
Ownership Short Sale - No,Private Owned
Assessment Amount $340
Acceptable Financing Cash,Conventional,FHA,VA,Warranty Deed
Listing Terms Cash,Conventional,FHA,VA,Warranty Deed
Financing Cash,Conventional,FHA,VA,Warranty Deed