Address
580 Alter Road Detroit, MI
Price
$ 135,000
Property Attributes
  • ML#2200087373
  • TypePending
  • CountyWAYNE
  • CityDetroit
  • AreaDet - Mcclellan East-Mack To Shor
  • NeighborhoodWINDMILL POINTE SUB
  • Zip48215
  • StyleDuplex
  • Year Built1956
  • Taxes1522
  • Price$ 135,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1878
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Jim Saros Real Estate Services
Property Description

Rare investment opportunity to acquire well maintained 2 unit property in the rapidly appreciating Jefferson Chalmers neighborhood! located south of Jefferson, this multifamily property is ready for tenants and features a large 2 bedrooms 1 full bath on the first floor with large master bedroom and huge eat in kitchen. The second floor features a large 1 bedroom apartment with sizable eat in kitchen and generous room sizes. Detached garage. Large lot. Separate gas and electric meters for each apartment, one water meter. Purchase for steady cash flow or live in one unit and rent out the other to cover carrying costs! Very strong rental market with quality tenants. Jefferson Chalmers has a long list of transformational projects in the works that make the neighborhood one of the most rapidly appreciating locations in all of Metro Detroit!

Price History
10/22/2020 Listed $135,000

General Features

Basement Type Partially Finished
Construction Materials Brick, Vinyl
Cooling Central Air
Cumulative Days on Market 13
Gross Scheduled Income 21540.00
Heating Forced Air
Listing Agent Public Id 398798
Net Operating Income 15000.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number W21I062666S
Property Type Multifamily
Rent Includes Water/Sewer
School District Detroit
Sewer Sewer at Street
Short Sale No
Status Pending
Subdivision Name WINDMILL POINTE SUB (ALSO P6) (PLATS)
Terms Offered Cash, Conventional, FHA, VA
Total Sq Ft 1878
Transaction Type Sale
Year Built 1956
Zoning Residential

Interior Features

Basement Y/N Yes
Full Baths 2
Heating Fuel Natural Gas
Total Baths 2.00
Total Units 2
Unit Count 2

Exterior Features

Architecture Level 2 Story
Architecture Style Duplex
Foundation Basement
Foundation Materials Block
Frontage Feet 50
Lot Size Area 0.16
Lot Size Dimensions 50.00X135.00
Roof Material Asphalt
Water Source Water at Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Stonway Group and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of November 30, 2020 8:24 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48215

Price
AVG $60K
$140K
Taxes
AVG $830
$1,522
Visits
AVG 16
22
Year Built
AVG 1954
1956
Walkscore
AVG 46
53
Data Provided by Walkscore ® not using MLS data

Areas We Cover