485 E Grand Blvd, Detroit, MI 48207
- $365,000
- 6
- BA
- 2,884
- SqFt
- List Price
- $365,000
- MLS#
- 20261052633
- Status
- ACTIVE
- Bathrooms
- 6
- Half-baths
- 2
- Subdivision
- MORE THAN ONE SUBDIVISION INVOLVED
Property Description
Incredible investment opportunity in the heart of Island View! This massive multi-unit residence has served as a licensed adult foster care facility for over 50 years and was previously approved for up to 20 residents. The property is currently tenant-occupied with ten long-term residents—many with over a decade of tenancy—who would love to stay. With nine spacious bedrooms, four full bathrooms, and two half baths, the floor plan offers flexibility and scale. Just minutes from Belle Isle, downtown Detroit, and the bustling West Village, this property is perfect for investors seeking cash flow and long-term upside in a rapidly developing neighborhood.
Additional Information
- Year Built
- 1912
- Basement Type
- Full, Unfinished
- Acres
- 0.27
- Style
- Colonial
- Acres
- 0.27
- School District
- Detroit
- Heating
- Hot Water, Natural Gas
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Courtesy of @properties Christie's Int'l R.E. Birmingham 2488508632