744 W Grand Boulevard, Detroit, MI 48216 1003

$224,900
5
BA
4,625
SqFt

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List Price
$224,900
Status
ACTIVE
MLS#
61024366
Days on Market
50
Year Built
1905
Price Change
▼ $35,000 1790040104
Bathrooms
4
Half baths
1
Acres
0.14
Living Area
4,625
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
Grosfield & Schultes Sub Of E Pt Of Pc 78plats

Property Description

All reasonable offers will be considered! Send it over! Multi-Unit Investment Property for Sale in Detroit Exceptional opportunity to own a multi-unit residential property in a prime Detroit location with tremendous upside potential. Rich in character, the building features beautifully preserved original wood finishes, multiple fireplaces, spacious open living areas, and a blend of classic architecture with select modern opportunity, including some vinyl windows and a bathroom already updated. Outside, a gated rear parking slab provides added convenience for residents. Ideally located just west of Corktown, close to the Detroit River, and just minutes from New Center neighborhood where the $3 billion Future of Health development is planned; a landmark joint venture between Henry Ford Health, Michigan State University, and the Detroit Pistons organization. When complete, this project will add a 1.2 million sq ft hospital tower, a 335,000 sq ft research center, and 662 new mixed-income apartments within short distance of this property. The demand that follows that kind of institutional investment -- healthcare workers, university staff, researchers, and support personnel means that this property offers an outstanding opportunity for investors or owner-occupants looking to bring their vision to life in one of Detroit's most sought-after areas.

Additional Information

Lot Dimensions
45 x 132
Heating
Forced Air
Basement
Yes
Basement Description
Block
Foundation
Basement
Water
Public
School District
Detroit City School District

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Calculator source: Real Geeks

Listing Courtesy of Avenue Group Homes, LLC, Office Phone: 248-630-3099

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.