20
See all 20 photos
$275,000
Est. payment /mo
4 Baths
8,276 Sqft Lot
New
302 Alter Road Detroit, MI 48215
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251017055
Year Built 1947
Annual Tax Amount $1,991
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 60 x 135
Source Realcomp
Property Description
One of the most desirable 2-unit apartment buildings on the Eastside! An excellent investment opportunity with an easy-to-manage, easy-to-lease building — or live in one apartment and rent out the other to help cover your mortgage and carrying costs.Large side-by-side townhouse-style units — each with 3 bedrooms, central A/C, one full bath, one half bath, private basements with all utilities separated and off street parking + ample on street parking. Easy management with no tenants living above or below one another and no interior common areas — everything is separate for each apartment.Each unit boasts beautiful hardwood floors throughout and plenty of natural light. Spacious living rooms, dining rooms, half baths, and updated kitchens with windows overlooking the large backyard complete the desirable first-floor layout. The second floor features 3 large bedrooms and a full bath, with plenty of storage and closet space. Washer and dryer in each private basement. Great location on a quiet street south of Jefferson and just west of Grosse Pointe Park — close to downtown!Projected rents of $1,300–$1,600 per unit. An excellent investment opportunity south of Jefferson in the rapidly appreciating Jefferson-Chalmers neighborhood.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family,Residential
Direction South of Jefferson
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 21062630
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by Jim Saros Real Estate Services