648 Alter Road, Detroit, Michigan 48215

$239,900

Property Details

MLS#: 20261051831
Bedrooms: 3
Bathrooms: 2
Square Feet: 2,988
Price per Sqft: $80
Lot Size: 0.16 acres
Year Built: 1959
Property Type: Residential
Status: Active
Days on Market: 1

Description

Rare Opportunity on the Grosse Pointe/Detroit Border! Just one block from the Detroit River and within walking distance of Coriander Kitchen & Farm, this spacious property offers incredible flexibility for homeowners and investors alike. Currently configured with separate upper and lower living spaces, the home is ideal for multigenerational living, an owner-occupant seeking rental income, or conversion to a spacious single-family residence. The lower level is owner occupied, while the upper unit is leased through October 1, 2026, providing immediate rental income. Estimated market rents are approximately $1,700 per month for the lower level and $800 per month for the upper level. Additional features include a detached two-car garage, basement storage, a generous lot, and an unbeatable location just minutes from the Detroit River, Belle Isle, downtown Detroit, and Grosse Pointe. Whether you're searching for a home with income potential or a property to make your own, this one offers exceptional value and endless possibilities.

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 3 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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