1556 W Grand Boulevard

    Detroit, MI 48208
    • $849,000
    • STATUS: Active
    • ON SITE: 97 days
    • ID#: 219124190
    UPDATED: 39 min ago
    $849,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,256
      SQFT
    • $92
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1922
    County:
    Zoning:
    Commercial
    Lot Size Dimensions:
    45.00X179.31

    School Ratings & Info

    School District:

    Description

    Investors this 16 Unit apartment building has 11 one bedrooms, 3 Studios, 1 two bedroom, and 1 three bedroom. 100% of the units are occupied and rented. Perfect opportunity for consistent cash flow. This property is apart of a three property package deal which includes this building , 1566 W Grand Boulevard, and 1548 W Grand Boulevard. Properties are not being sold separately. The properties are located directly next to each other. BATVAI

    Monthly Payment Calculator



    © 2020 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Buckley Jolley Real Estate Team 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: 2020-03-29T10:55:36.42.
    www.buckleyjolley.com/homes/101858566

    1556 W Grand Boulevard Detroit, MI 48208

    • Price: $849,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 219124190
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    9,256
    SQFT
    $92
    $/SQFT
    1922
    Built
    Neighborhood:
    Det South Of Grand River
    County:
    Wayne
    Area:
    Det South Of Grand River
    School District:
    DETROIT
    Property Description
    Investors this 16 Unit apartment building has 11 one bedrooms, 3 Studios, 1 two bedroom, and 1 three bedroom. 100% of the units are occupied and rented. Perfect opportunity for consistent cash flow. This property is apart of a three property package deal which includes this building , 1566 W Grand Boulevard, and 1548 W Grand Boulevard. Properties are not being sold separately. The properties are located directly next to each other. BATVAI
    Exterior Features

    Architecture Level 2 Story Construction Materials Brick Foundation Details Basement Foundation Materials Block Lot Size Dimensions 45.00X179.31 Road Frontage Feet 45 Road Frontage Type Pub. Sidewalk Roof Material Asphalt Waterfront YN No

    Interior Features

    Heating Cooling Wall/Floor Furnace Heating Fuel Natural Gas Room Count 0 Unit Efficiency Number Of 3 Unit One Bed Number Of 11 Unit Three Bed Number Of 1 Unit Two Bed Number Of 1

    Property Features

    Commercial Type Apartments Current Use Apartments Encroachment YN No Gross Scheduled Income 87000.00 Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventionalWarranty Deed Monthly Sales 7250 Net Operating Income 69000.00 Operating Expense 18000.00 Ownership Status Private OwnedShort Sale - No Percent Leased 100 Possession At Close Postal City Detroit Protection Period 180 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 2819.0000 Tax Amount Winter 338.0000 Title Private - Owned Total Tax 3157.0000 Unparsed Address 1556 W Grand Boulevard Water Source Municipal Water Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via Front Page Properties and Realcomp, ©2020 Realcomp II Ltd. Shareholders.


    © 2020 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Buckley Jolley Real Estate Team 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: 2020-03-29T10:55:36.42.
     
    The Buckley Jolley Real Estate Team
    323 W. Main St., Suite 201
    Brighton MI, 48116