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Buy a multi-family propertyat 2360 W GRAND, Detroit, MI 48208

$999,888

$0/mo

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Multifamily

0.75 Acres

11,761 Sq. Ft. lot

377 Days on market

60210478 MLS ID

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About 2360 W GRAND multi-family property

Welcome to the spectacular Stanton Building. Take advantage of this opportunity to own a piece of Detroit History. This 33 unit apartment building in New Center is located down the street from the new 2.5 Billion Dollar Henry Ford Health System Development. The Stanton boasts 4 full floors of residential units, offering 13 one bedroom units and 20 two bedroom units. The current owners have repaired the masonry work on the exterior of the building, including parapets. The building is in need of rehab to bring it back to its original glory and is simply waiting for the perfect investor who wants to make a great return on investment after completion. This sale includes three additional lots: 2350 Stanton, 6540 W Grand Blvd, and 2368 W Grand. Phase I & II environmental reports have been completed on the building and the parking lot to the west of the building.
Welcome to the spectacular Stanton Building. Take advantage of this opportunity to own a piece of Detroit History. This 33 unit apartment building in New Center is located down the street from the new 2.5 Billion Dollar Henry Ford Health System Development. The Stanton boasts 4 full floors of residential units, offering 13 one bedroom units and 20 two bedroom units. The current owners have repaired the masonry work on the exterior of the building, including parapets. The building is in need of rehab to bring it back to its original glory and is simply waiting for the perfect investor who wants to make a great return on investment after completion. This sale includes three additional lots: 2350 Stanton, 6540 W Grand Blvd, and 2368 W Grand. Phase I & II environmental reports have been completed on the building and the parking lot to the west of the building.

Property details

Property Access

Paved Street

Basement

Common

Bathrooms

33 full bathrooms

House

32,476 square feet

33 total units

Built in 1919

Cooling

Other

Exterior Features

Brick

Foundation

Basement

Water

Public Water

Heating

Natural Gas

Other-See Remarks

Listing

Originating MLS: RealComp

Sale/rent: For Sale

Location

Area: Detroit (82001)

County: Wayne

Cross street: S of West Grand Blvd/W of

Subdivision: HERBERT L BAKERS (PLATS)

Lot

Lot size: 79.00 x 149.00

0.27 acres

Property

Multi-Family

Schools

School district: Detroit City School District

Sewer

Public Sanitary

Taxes

Total amount: $51,737

Monthly cost

Estimated monthly cost

$7,022/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Aug 5, 2021

Price

$550,000

Date

Aug 14, 2017

Price

$27,000

DatePrice
Aug 5, 2021$550,000
Aug 14, 2017$27,000

Schools

Detroit enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$939,895

+$29,997

$969,891

Seller agent commission$29,997 (3%)*

$0 (0%)

Buyer agent commission$29,997 (3%)*

$29,997 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $29,997 more selling your home
with an Unreal Estate agent

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State

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Unreal Estate checked: May 17, 2024 at 3:10 a.m.

Data updated: Jun 24, 2023 at 5:57 p.m.

Courtesy of Golden Key Real Estate.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Listing Information © 2024 MiRealSource Inc. All Rights Reserved.

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