1092 Grand BlvdDetroit, MI 48207

For Sale
$150,000

Prime residential duplex, 2 units, $150k

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional redevelopment opportunity presents a charming two-unit duplex located at 1092-1094 E. Grand Blvd in Detroit, Michigan. Built in 1908, this Class C property sits on a 0.105-acre lot and boasts a total of 2,119 square feet of net rentable space, spread across two stories. The asking price is $150,000, translating to $75,000 per unit and $70.79 per square foot. The property is zoned R5, offering potential for various development scenarios. The address is 1092-1094 E. Grand Blvd, Detroit, MI 48207, with the Assessor's Parcel Number (APN) being 15007668. This presents a unique chance to acquire a multifamily property in a desirable Detroit location, ideal for investors seeking a redevelopment project with significant upside potential. The property's age and existing structure offer a blend of character and opportunity for modernization and increased rental income. The location within Wayne County provides access to various amenities and transportation options. This is a compelling investment for those seeking a hands-on project with substantial return potential.

Highlights

  • $150,000 asking price for a two-unit multifamily property.
  • Located at 1092-1094 E. Grand Blvd, Detroit, MI 48207.
  • 2,119 square feet on a 0.105-acre lot.
  • Two units, $75,000 per unit.
  • Built in 1908, Class C construction.
  • R5 zoning.

Property Details for 1092 Grand Blvd

Property type
Multifamily properties, Residential income homes
Square Feet
2,119 SF
Class
C
Year Built
1908
Buildings
1
Stories
2
Lot Size (sq. ft)
4,574 SF
Units
2

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.371987100923
Longitude
-83.017950088041
1092 Grand Blvd, Detroit, Michigan

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1092 Grand Blvd
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