MI > Wayne > Detroit > 404 E Grand Blvd

$1,100,000

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  • MLS# 2210015607
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248-304-6700

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LICENSED AND INSURED INCOME GENERATING GROUP HOME WITH 9 BEDROOMS 4 BATHROOMS! HOME IS OCCUPIED BY 8 RESIDENTS AND LICENSED FOR 18 RESIDENTS! GREAT VALUE ADD BUSINESS OPPORTUNITY FOR ANYONE WITH EXPERIENCE OR ANYONE LOOKING TO GET INTO GROUP HOMES INDUSTRY. BUSINESS IS BRINGING IN CLOSE TO $100K AS-IS YEARLY AFTER OPERATING EXPENCES. BUY AND START EARNING. POTENTIAL TO DOUBLE YOUR EARNING BY ADDING MORE RESIDENTS. 1 OUT OF 3 CURRENT STAFFS ARE WILLING TO STAY ON BOARD WITH NEW OWNERS. ALL RESIDENTS ARE MOBILE AND ABLE TO TAKE CARE OF THEMSELVES. FAMILY OWNED AND MANAGED FOR OVER 20 YEARS! THIS OPPORTUNITY WONT LAST LONG. REACH OUT TODAY FOR MORE DETAILS. LISTING IS FOR PROPERTY AND BUSINESS BOTH. BUYER TO PAY $399 COMPLIANCE FEE TO LISTING BROKER. BTVAI. NO SHOWINGS UNTIL ACCEPTED OFFER.

Property Information

Status
Active 
Address
404 E Grand Blvd 
City
Detroit 
Zip
48207 
Year Built
1906 
Subdivision
Fields 
Business Type
Medical, Residential, Service 
Listing Date
03/10/2021 
Architecture
2 Story 
County
Wayne 
Above Grade SqFt
3,670 
Possession
At Close 
Price/SqFt
299.73 

School Information

School District
Detroit 

Taxes

Summer Taxes
$1,874 
Winter Taxes
$192 

Features

Current Use
Licensed And Certified Group Home 
Zoning
Commercial, Multiple, Residential 
Water
Municipal Water 
Sub Property Type
Commercial 
Heating
Hot Water, Natural Gas 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2210015628 Active Mar 10 2021 11:18AM $1,100,000 38
2210015607 Active Mar 10 2021 11:07AM $1,100,000 38
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

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Listing Courtesy of Amin Realty
Office Address 31912 Mound Rd

Real Estate One Family of Companies

404 E Grand Blvd Detroit
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$1,100,000
For Sale • Acres: 0.16 • Zoning: Commercial,Multiple,Residential