485 E GRAND Boulevard, Detroit, MI 48207

$365,000
6
BA

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List Price
$365,000
Days on Market
64
MLS#
20261052633
Status
ACTIVE
Type
Multifamily
Bathrooms
6

Property Description

Incredible investment opportunity in the heart of Island View! This massive multi-unit residence has served as a licensed adult foster care facility for over 50 years and was previously approved for up to 20 residents. The property is currently tenant-occupied with ten long-term residents—many with over a decade of tenancy—who would love to stay. With nine spacious bedrooms, four full bathrooms, and two half baths, the floor plan offers flexibility and scale. Just minutes from Belle Isle, downtown Detroit, and the bustling West Village, this property is perfect for investors seeking cash flow and long-term upside in a rapidly developing neighborhood.

Additional Information

Taxes
$4,191
Acres
0.27
Heating
Hot Water
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Charles A Siciliano from Listing Office: @properties Christie's Int'l R.E. Birmingham.

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