4740 Alter Road
Detroit, MI 48215
- – beds
- 2 baths
- 2,214 sqft
- 3,485 sqft lot
- $23 per sqft
- 1922 build
- – on site
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ALL BRICK - 2 UNITS - SIDE BY SIDE IN A GREAT PART OF DETROIT! OWN A PERFORMING RENTAL PROPERTY ($1325 GROSS RENT) NEAR EAST ENGLISH VILLAGE AND 1 MILE FROM GROSSE POINTE. CHANDLER PARK A SHORT WALK. LOWER UNIT LEASED 03/2020 FOR 750. UPPER UNIT LEASED IN 2018 FOR 575. WHOPPING 22% CAP RATE! BOTH UNITS NICELY RENOVATED PRIOR TO TENANTS TAKING POSSESSION (SEE PICS). 2 BEDS/1 BATH EACH UNIT. HARDWOOD FLOORS T/O. PRIVATE BASEMENTS FOR EACH TENANT. TENANTS PAY ALL UTILITIES. 1/4 MILE FROM CORRIGAN PLAYGROUND AND THE FIRE STATION. BRAND NEW HVAC. ACCEPTED OFFER REQUIRED PRIOR TO SHOWING. CASH OFFERS STRONGLY PREFERRED. CONVENTIONAL CONSIDERED FOR THE RIGHT OFFER. ALL INFO DEEMED RELIABLE, NOT GURANTEED. BUYER/AGENT TO VERIFY. BUYER WILL PAY $495 ADMIN FEE TO ELITE REALTY AT CLOSING.
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Last updated Apr 26, 2024
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MLS# 2200065667 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/17/20
Dec 17, 2020
|
Sold | REALCOMP | $51,000 | 2.0% |
|
9/15/20
Sep 15, 2020
|
Pending | REALCOMP | $50,000 | |
|
8/31/20
Aug 31, 2020
|
Listed / Active | REALCOMP | $50,000 | -16.5% |