2302 W Grand Street new

Detroit,MI 48238 5414

$ 25000

- Bed

4 Baths

3828 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,828 sqft

Price per Sqft $6

Subdivision Mi

MLS Listing ID 60924004

Style 2 Story

Full Baths 4

Year Built 1925

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 45x135

Property Sub-Type Multi-Family

Property Description

Investor Special – 4-Unit Multifamily Opportunity! Don't miss this Detroit Land Bank-owned multifamily home offering four spacious units and over 3,500 square feet of potential. Ideal for seasoned investors or savvy newcomers looking to capitalize on Detroit's growing rental market. Whether you're building your portfolio or looking for your next renovation project, this property presents strong income potential once restored. Located in a rapidly evolving area, this is a prime opportunity to invest in the future of Detroit. Sold as-is. Buyer to verify all information. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Residential

Rooms

Basement Block

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Brick

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Government Owned

Energy Description Natural Gas

Financing Cash

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