744 W Grand BoulevardDetroit, MI 48216

About

This Home

All reasonable offers will be considered! Send it over! Multi-Unit Investment Property for Sale in Detroit Exceptional opportunity to own a multi-unit residential property in a prime Detroit location with tremendous upside potential. Rich in character, the building features beautifully preserved original wood finishes, multiple fireplaces, spacious open living areas, and a blend of classic architecture with select modern opportunity, including some vinyl windows and a bathroom already updated. Outside, a gated rear parking slab provides added convenience for residents. Ideally located just west of Corktown, close to the Detroit River, and just minutes from New Center neighborhood where the $3 billion Future of Health development is planned; a landmark joint venture between Henry Ford Health, Michigan State University, and the Detroit Pistons organization. When complete, this project will add a 1.2 million sq ft hospital tower, a 335,000 sq ft research center, and 662 new mixed-income apartments within short distance of this property. The demand that follows that kind of institutional investment — healthcare workers, university staff, researchers, and support personnel means that this property offers an outstanding opportunity for investors or owner-occupants looking to bring their vision to life in one of Detroit's most sought-after areas.

Details

Property Type

Residential Income

Style

Multi Family

Year Built

1905

Lot Size

0.14 acres

Garage Spaces

0

Heating

Forced Air, Natural Gas

Cooling

None

Basement

Unfinished

Annual Taxes

$2,573

MLS #

20261066404

Gallery