1740 W GRAND BLVD
DETROIT, MI 48208

$695,000

0 Beds

65 Baths

39,160 Sq Ft

Status Active

MLS# 20240020781

65 Unit apartment. Needs full rehab. Parking in rear. Income and expenses are estimated. 20 Studios @ $800= $16,000 45 1 bedrooms @ $900 = $40,500. Total monthly income $56,500. Mgmt Fee 6%= $40,680, Taxes $15,700, Ins $20,000, untilities $5,000.

Details for 1740 W GRAND BLVD

$18 / Sq Ft

40 parking spaces

Other

80 Days on website

0.46 acres lot

Interior

Bathrooms Full

Bathrooms Total

Living Area

39,160 SqFt.

Sqft Total Bsmt

7832

Building And Construction

Accessibility Features

Accessible Elevator Installed

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Unit Count

Year Built

1951

Exterior And Lot

Lot Size Acres

0.46

Lot Size Square Feet

20038

Parking Total

Zoning

Multi-Family

Utilities

Heating

Other

Heating Fuel

Natural Gas

Area And Schools

City

Detroit

County Or Parish

Wayne

School District

Detroit

Subdivision Name

SCOVELS (PLATS)

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Short Sale

Tax Amount Summer

15312.0000

Tax Amount Winter

1862.0000

Tax Annual Amount

$17,174

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office

Re/Max Connection, (248) 505-2509

Updated

8:00pm UTC- 6/20/2024