1501 Glynn Court, Detroit, Michigan 48206
$515,000
Property Details
- MLS#: 20261088760
- Bedrooms: N/A
- Bathrooms: 4
- Square Feet: 3,800
- Price per Sqft: $136
- Lot Size: N/A
- Year Built: 1925
- Property Type: ResidentialIncome
- Transaction: For Sale
- Listing Status: ComingSoon
Tax and Assessment Information
Tax and assessment information is unavailable.
Description
Discover this beautifully rehabbed brick 4-Unit Investment Opportunity in the heart of Detroit! Welcome to 1501 Glynn Ct, an extensively updated quadplex offering an excellent opportunity for investors and owner-occupants alike. Each of the four spacious units features 2 bedrooms and 1 full bathroom, providing a total of 8 bedrooms and 4 bathrooms throughout the property. Major improvements were made from top to bottom including a brand-new roof, windows, plumbing, and electrical systems, helping minimize future maintenance expenses. Each unit features brand new vinyl plank flooring throughout, updated bathrooms, and modern kitchens complete with quartz countertops and stainless steel appliances. With estimated market rents of $1,300–$1,400 per unit, the property offers a potential gross rental income of $5,200–$5,600 per month, or $62,400–$67,200 annually at full occupancy. An excellent opportunity for investors seeking a turnkey addition to their buy-and-hold portfolio or owner-occupants looking to house hack by living in one unit while renting out the remaining three. This property is located in a Neighborhood Enterprise Zone (NEZ) and may qualify for tax benefits. Ideally located near the historic Boston-Edison neighborhood, within walking distance of The Congregation, and just a short drive from Downtown Detroit, offering convenient access to dining, entertainment, and local amenities. Don't miss your opportunity to be a part of Detroit's revitalization and own a fully renovated multifamily property in a great location!
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 1501 Glynn Court?
1501 Glynn Court is listed at $515,000, or $136 per square foot.
How many bedrooms does 1501 Glynn Court have?
This property has N/A bedrooms and 4 bathrooms, with 3,800 square feet of living space.
Ask about this property
Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.
Phone: (313) 484-4696
Email: info@sonicrealty.com
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