648 Alter Road, Detroit, Michigan 48215

$239,900

Property Details

MLS#: 20261045961
Bedrooms: N/A
Bathrooms: 2
Square Feet: 2,988
Price per Sqft: $80
Lot Size: 0.16 acres
Year Built: 1959
Property Type: ResidentialIncome
Status: Active
Days on Market: 2

Description

Great Investment Opportunity on the Grosse Pointe/Detroit Border! Just one block from the Detroit River and within walking distance of Coriander Kitchen & Farm, this versatile multi-unit property offers strong income potential in a rapidly appreciating area. Perfect for an owner-occupant looking to offset their mortgage or an investor seeking immediate rental income. The lower unit is owner occupied and could command approximately $1,700 per month in rent, while the upper unit is currently leased through October 1, 2026, and rents for approximately $800 per month. Separate living spaces provide flexibility to rent both units or live in one and lease the other. Features include a spacious lot, detached two-car garage, basement storage, and a highly desirable location near waterfront parks, dining, and downtown Detroit amenities. Whether you're expanding your portfolio or looking for a smart house-hack opportunity, this property is packed with potential.

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 648 Alter Road?

648 Alter Road is listed at $239,900, or $80 per square foot.

How many bedrooms does 648 Alter Road have?

This property has N/A bedrooms and 2 bathrooms, with 2,988 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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