700 Alter Road
Detroit, MI 48215
- – beds
- 2 baths
- 2,448 sqft
- 6,970 sqft lot
- $77 per sqft
- 1953 build
- – on site
Exciting investment opportunity in the rapidly appreciating Jefferson Chalmers Neighborhood! Outstanding location South of Jefferson sharing a fence line with the City of Grosse Pointe Park and across from the charming canals of Jefferson Chalmers, this all brick duplex boasts large open concept living spaces, 2 large bedrooms with huge closets per unit, large kitchens, well maintained bathrooms, separate- private basements for each tenant with storage & laundry, and driveway with garage for convenient off street parking for tenants. "House Hack" by living in one unit and renting the other! Separate utility meters for each apartment. Market rents of $1,050+ per unit! Super easy to manage and allows for a strong passive income! Very walkable location steps from coffee, dining, and shopping on Jefferson & Kercheval as well as the highly anticipated $45M+ development of the new Performing Arts Center coming to Jefferson! Neighboring duplex sales as high as $300K+ allowing for an attractive value add opportunity!
Last checked:
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Last updated Nov 8, 2024
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MLS# 20240083889 —
The Building
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Year Built:1953
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Construction Materials:Brick
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Architectural Style:Colonial, Duplex
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Foundation:Block
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Foundation Details:Basement
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# of Units Total:2
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Stories:2 Story
Interior
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Basement:Yes
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Basement Type:Unfinished, Private Storage Locker, Private
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Fireplace:No
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Total:2,448 Sqft
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Total Combined:2,448 Sqft
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Total Basement:1,208 Sqft
Financial & Terms
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Land Contract:No
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Short Sale:No
Location
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Directions:South of Jefferson
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Directions From North South Detail:Jefferson & Avondale
The Property
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Property Type:Multifamily
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Parcel Number:W21I062680S
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Exclusions:No
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Zoning:Multi-Family
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Homestead:No
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Lot Size Dimensions:50.00 x 135.00
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Lot Size Area:0.16
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Frontage Feet:50
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Pool:No
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Waterfront:No
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (313) 886-9030
- Office phone:
- (313) 886-9030
Taxes
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Total Taxes:$2,164
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Tax Amount Summer:$1,965
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Tax Amount Winter:$199
Baths
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Total Baths:2
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Full Baths:2
Heating & Cooling
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Heating:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Sewer at Street
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Water Source:Water at Street
Schools
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School District:Detroit
The Community
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Subdivision Name:WINDMILL POINTE SUB (ALSO P6) (PLATS)
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Pets Allowed:Call
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Assessment:340.00
Parking
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Garage:Yes
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Total Parking:2
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MF Parking:Garages
Extra Units
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Unit Two Bed Number Of:2
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
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).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’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 |
|---|---|---|---|---|
|
11/7/24
Nov 7, 2024
|
Listed / Active | REALCOMP | $189,000 | |
|
11/6/24
Nov 6, 2024
|
Coming Soon | REALCOMP | $189,000 |
