1656 Grand Boulevard, Detroit, Michigan 48208
$240,000
Property Details
- MLS#: 20261015058
- Bedrooms: N/A
- Bathrooms: 3
- Square Feet: 4,748
- Price per Sqft: $51
- Lot Size: 0.25 acres
- Year Built: 1914
- Property Type: ResidentialIncome
- Status: Active
- Days on Market: 1
Description
Unlock the potential of this unique multi-family income-producing property featuring 13 one-bedroom rental rooms and 2 full bathrooms. Currently operated as a room-for-rent property, this home offers a strong opportunity for investors looking to expand their portfolio or generate consistent rental income. The property includes two spacious common areas, providing shared living space for tenants and creating a comfortable communal environment. Recent improvements include an updated electrical panel and installed solar system, helping reduce operating costs and improve long-term efficiency.
While the property does require some TLC, the layout and existing rental setup make it an excellent candidate for continued rooming-house operations or a strategic value-add investment.With the right vision and updates, this property could become a high-performing cash-flow asset. Perfect for investors seeking steady rental income and long-term upside.BATVAI. AS-IS SALE SELLER TO MAKE NO REPAIRS
Schedule your showing today and explore the potential this investment property has to offer!
Location
This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 1656 Grand Boulevard?
1656 Grand Boulevard is listed at $240,000, or $51 per square foot.
How many bedrooms does 1656 Grand Boulevard have?
This property has N/A bedrooms and 3 bathrooms, with 4,748 square feet of living space.
Schedule a Showing
Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.
Phone: (313) 466-2430
Email: info@sonicrealty.com
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