Detroit, MI 48215,1350 Alter RD
Detroit, MI 48215,1350 Alter RD
Detroit, MI 48215,1350 Alter RD
13
See all 13 photos
$395,000
Est. payment /mo
4 Baths
3,600 SqFt
Active Under Contract

1350 Alter RD Detroit, MI 48215

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $109

Subdivision Turnbull & Epsteans Jefferson Ave

MLS Listing ID 20251062111

Style CommonEntryBuilding

Full Baths 4

Year Built 1924

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type MultiFamily

Property Description

Excellent investment opportunity! This well-located 4-unit multifamily property is situated in a desirable area of Detroit, directly adjacent to Grosse Pointe. All units were fully renovated in 2023 and are in great condition. Three units are currently rented at an average of $1,000 per month with strong, reliable tenants, while one unit is vacant — perfect for owner occupancy or added cash flow. Tenants pay their own gas and electricity. The property also offers rear parking for added convenience.

Immediate income with upside potential, making this a great addition to any investor's portfolio.

Showings are limited to the vacant unit only. Additional units may be shown upon accepted offer.

Location

State MI

County Wayne

Area Area05066Detmcclellaneastmacktoshore

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, Trade1031Exchange, UsdaLoan, VaLoan, WarrantyDeed

Listing Terms Cash, Conventional, FHA, Trade1031Exchange, UsdaLoan, VaLoan, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20251062111


Realcomp MLS
Listed by Camila Gill Peris of Coldwell Banker Professionals-Birm

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Lewis Marie Elementary School

    Public | KG - 5

  • 9

    Richard Elementary School

    Public | KG - 5

  • 8

    George Defer Elementary School

    Public | KG - 5

  • 8

    Kerby Elementary School

    Public | KG - 5

  • 7

    Robert Trombly Elementary School

    Public | PK - 5

  • 6

    Hutchinson Elementary-Middle School at Howe

    Public | PK - 8

  • 6

    Detroit Merit Charter Academy

    Public | KG - 8

  • 5

    Detroit Enterprise Academy

    Public | KG - 8

  • 5

    Marquette Elementary-Middle School

    Public | PK - 8

  • 4

    Ellington Conservatory of Music & Art

    Public | PK - 8

  • 3

    Hutchinson Elementary-Middle School

    Public | PK - 8

  • 3

    Eman Hamilton Academy

    Public | KG - 8

  • 3

    Marvin L. Winans Academy of Performing Arts Elementary School

    Public | KG - 5

  • 2

    Timbuktu Academy of Science and Technology

    Public | KG - 8

  • 2

    Carstens Elementary-Middle School

    Public | PK - 8

  • 1

    Wayne Elementary School

    Public | PK - 5

  • 1

    Ronald Brown Academy

    Public | PK - 6

  • 1

    J. E. Clark Preperatory Academy

    Public | PK - 8

  • 1

    J. E. Clark Preparatory Academy

    Public | PK - 8

  • 0

    Blanche Kelso Bruce Academy-Connor

    Public | 5 - 12

Middle Schools 3
  • 10

    Brownell Middle School

    Public | 6 - 8

  • 8

    Pierce Middle School

    Public | 6 - 8

  • 0

    Wolverine Academy (Seventy-Day Adventist) - Lenox Site

    Public | 6 - 12

High Schools 7
  • 10

    Grosse Pointe South High School

    Public | 9 - 12

  • 4

    Davis Aerospace High School

    Public | 9 - 12

  • 3

    Diann Banks-Williamson Educational Center

    Public | 9 - 12

  • 1

    Southeastern High School

    Public | 9 - 12

  • 1

    East English Village Preperatory Academy

    Public | 9 - 12

  • 0

    Southeastern High School

    Public | 9 - 12

  • 0

    East English Village Preparatory Academy

    Public | 9 - 12

School and business data provided by Attom Data.

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James Gean

James Gean

Agent | License ID: 6501365748

+1(248) 613-8707

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1350 Alter RD