1432 Gratiot Avenue #2

Detroit, Michigan 48207

  • 4 Bed(s)
  • 4.5 Bath(s)
  • 5,476 Sqft
  • 0.05
    Acre(Lot)
$650,000

Description

Here is a superbly located historic 4 unit commercial building in the eastern market on gratiot. this gem features four units that have last been used as apartments. this is a great value add opportunity to add to your existing portfolio. the two units on the second floor a loft style with exposed brick, hardwood floors and great lighting. the two units on the first floor were historically storefronts with the original tin ceilings that were converted to apartments with full basements. you could add your business to the first floor or keep them as apartments. this property has been kept in great condition and is ready for a new buyer to come in and get a great return on their investment. income is projected. property sold as is batvai

  • Property Type

    Multifamily
  • Subdivision

    Frasers Sub Of Pt Of Guoin Farm
  • County

    Wayne
  • Style

    Historic,Art Deco
  • AD ID

    48420300

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Property Details

  • Bathroom Information

    • Total Baths: 4.5
    • Full Baths: 4
    • Half Baths: 2

    Interior Features

    • Basement Description: Finished

    Heating & Cooling

    • Heating: Forced Air,Radiant
    • Heating Fuel: Natural Gas
  • Building Information

    • Year Built: 1932
    • Building Stories: 2 Story
    • Total Units: 4
    • Foundation/Basement: Basement
    • Architecture: Historic,Art Deco

    Exterior Features

    • Construction: Brick

    Utility Features

    • Sewer: Sewer at Street

    Water

    • Water at Street
  • Lot Information

    • Lot Size: 0.05
    • Dimensions: 44 x 52

    Property Information

    • SQ ft: 5476
    • Subdivision: FRASERS SUB OF PT OF GUOIN FARM
    • Financing: Cash,Warranty Deed
  • Listing Price Information

    • Original List Price: $650,000

    Listing Information

    • Possession: At Close
    • Legal Description: S GRATIOT 7 E 18.82 FT 8 EXC GRATIOT AVE AS WD FRASERS SUB L1 P30 PLATS, W C R 7/18 43.82 X 52
  • Tax Information

    • Annual Tax: $2,104
    • Parcel Number: 07000779.

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: S GRATIOT 7 E 18.82 FT 8 EXC GRATIOT AVE AS WD FRASERS SUB L1 P30 PLATS, W C R 7/18 43.82 X 52
  • Multi-Unit Information

    • Road Frontage: Paved

    Unit 2 Information

    • # of Bedrooms: 2
  • Utility Information

    • Water:Water at Street
    • Sewer:Sewer at Street
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BuyOwner last updated this listing 01/30/2025 @ 12:52

  • MLS: 622558572
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 4 bedrooms which is for sale, it has 5,476 sqft, 0 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Detroit , in zip code 48207, this Wayne County Multifamily , it is in the FRASERS SUB OF PT OF GUOIN FARM Subdivision, and are nearby neighborhoods.