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48216 Market info

$500,000

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  • 4 Units
  • 5,402 SqFt
  • MLS# 20230084455
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248-304-6700

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248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.
Grand Blvd remarks  Opportunities like this fully rented quadplex are few and far between! Now is your opportunity to own a cash flowing asset in the quickly appreciating area of Southwest Detroit in the highly desired Hubbard Farms Neighborhood. Tenants will love that they will be in walking distance to the heart of Mexicantown where they can find many shops restaurants and grocery stores. Mexicantown has caught the eye of tourists and is becoming a popular destination for those looking to experience a cultural fusion just outside of downtown Detroit, a 5 minute drive from this quadplex. Besides the outstanding location, it is rare to find a home with 4 units that each have two bedrooms, a full bathroom, and kitchen. The property also features a full basement, a shed for storage, and a fenced yard with opportunity to fit many cars for safe parking. Windows, furnaces, and hot water tanks are newer! Money is being pumped into this area with the construction of Gordie Howe International bridge that will take transportation and tourism to new heights and create boundless opportunity. While each unit has great cash flow now, the future for rent has exponential growth potential.

Property Information

Status
Active 
Address
423 W Grand Boulevard 
City
Detroit 
Zip
48216 
Year Built
1910 
Style
Historic 
Possession
At Close 
Architecture
2 Story 
Listing Date
10/03/2023 
Subdivision
Plat Of B Hubbards Sub (plats) 
County
Wayne 
Lower Finished Sq Ft
1,200 
Above Grade SqFt
4,202 
Total No of Units
4 

School Information

School District
Detroit 

Taxes

Summer Taxes
$716 
Winter Taxes
$65 

Rooms and Land

Lot Dimensions
45.00 x 135.00 
Total Acres
0.14 

Features

Style
Historic 
Basement
Partially Finished 
Heating
Forced Air, Natural Gas 

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years
annual
annual

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20230084455 Active Oct 3 2023 7:36PM $500,000 209
2210090547 Withdrawn Active Jan 22 2022 1:09PM 86
2210090547 Dec 14 2021 2:39PM $340,000 $370,000 86
2210090547 Nov 15 2021 9:15PM $370,000 $400,000 86
2210090547 Active Coming Soon Oct 30 2021 2:32AM 86
2210090547 Coming Soon Oct 28 2021 11:27AM $400,000 86
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

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Exp Realty Llc
(888) 501-7085
Office Address 39555 Orchard Hill Place Ste 600

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Our Michigan real estate agents can answer all of your questions about 423 W Grand Boulevard, Detroit MI 48216. Real Estate One, Max Broock Realtors, and J&J Realtors are part of the Real Estate One Family of Companies and dominate the Detroit, Michigan real estate market. To sell or buy a home in Detroit, Michigan, contact our real estate agents as we know the Detroit, Michigan real estate market better than anyone with over 100 years of experience in Detroit, Michigan real estate for sale.

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423 W Grand Boulevard Detroit
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$500,000
For Sale • No. of Units: 4