Address
4239 Alter Road Detroit, MI
Price
$ 529,000
Property Attributes
  • ML#219105792
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDet Con-Mors-Grat. Hstn-7 Mack
  • NeighborhoodEDWIN LODGE
  • Zip48215
  • StyleColonial
  • Year Built1929
  • Taxes2106
  • Price$ 529,000
  • Bedrooms0
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage8000
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Alexander Real Estate Detroit, LLC
Property Description

Investment opportunity! Stately all brick 12 unit located in one of Detroit's most desirable rental markets. Perfect density for the investor looking to build their portfolio. Numerous updates. At 49K per door, this is a tremendous value in one of Detroit's most active rental markets. Superb location in close proximity to I-94, Grosse Pointe, Jefferson Chalmers.

Price History
10/14/2019 Listed $590,000
11/20/2019 6% - $560,000
12/4/2019 4% - $540,000
1/9/2020 1% - $537,500
3/11/2020 1% - $535,000
10/22/2020 2% - $529,000

General Features

Basement Type Unfinished
Construction Materials Brick
Cumulative Days on Market 446
Gross Scheduled Income 72000.00
Heating Forced Air
Listing Agent Public Id 394137
Net Operating Income 15000.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number W21I063060S
Property Type Multifamily
School District Detroit
Sewer Sewer at Street
Short Sale No
Status Active
Subdivision Name EDWIN LODGE (PLATS)
Terms Offered Cash
Total Sq Ft 8000
Transaction Type Sale
Year Built 1929
Zoning Multi-Family

Interior Features

Basement Y/N Yes
Full Baths 12
Heating Fuel Natural Gas
Total Baths 12.00
Total Units 12
Unit Count 1

Exterior Features

Architecture Level 2 Story
Architecture Style Colonial
Foundation Basement
Foundation Materials Block
Lot Size Area 0.10
Lot Size Dimensions 40.00X105.80
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Remerica United Realty and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for 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.

Data is updated as of November 29, 2020 6:35 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48215

Price
AVG $160K
$530K
Taxes
AVG $1,202
$2,106
Visits
AVG 18
80
Year Built
AVG 1928
1929
Walkscore
AVG 54
55
Data Provided by Walkscore ® not using MLS data