40
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$300,000
Est. payment /mo
2 Baths
1,878 SqFt
Price Dropped by $50K
580 Alter Road Detroit, MI 48215 2901
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,878 sqft
Price per Sqft $159
Subdivision Mi
MLS Listing ID 60995456
Style 1 1/2 Story
Full Baths 2
Year Built 1956
Annual Tax Amount $3,157
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50X135
Property Sub-Type Multi-Family
Property Description
Opportunities like this don't come around often in Jefferson Chalmers. Located in one of Detroit's most unique waterfront communities, known as Detroit's Little Venice. This brick bungalow multifamily offers proven performance, and exceptional flexibility in a location that continues to gain attention from both investors and homeowners alike. Currently operating as a successful short-term rental, this duplex is already positioned to generate income from day one. Whether you're looking to continue its established short-term rental operation, add a low-maintenance asset to your long-term portfolio, house-hack by living in one unit while renting the other, or create a multi-generational living arrangement, the possibilities are plentiful. The property consists of a spacious 2-bedroom, 1-bath lower unit and a comfortable 1-bedroom, 1-bath upper unit, each benefiting from updates throughout. Renovations include updated flooring, beautifully remodeled kitchens featuring granite counter tops and shaker-style cabinetry, tastefully updated bathrooms with wainscoting accents, upgraded electrical systems, furnaces, and added parking pad, providing the peace of mind that comes with major capital improvements already being completed. Features a basement and garage for storage or entertainment. Whether it's morning coffee in the fresh air or evenings spent around the fire with friends and family, or your guests, the private backyard fire pit area offers the kind of experience that turns a simple stay into a memorable one. Beyond the property itself, Jefferson Chalmers is known for its strong sense of community. Enjoy access to the Detroit River, neighborhood canals, and numerous parks throughout the area. The location also provides convenient access to downtown Detroit and neighboring Grosse Pointe, while local favorites such as Yellow Light Coffee & Donuts and Coriander Kitchen and Farm help create the vibrant community atmosphere residents and visitors have come to love.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block, Partially Finished
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Brick
Amenities Available Laundry Facility
Building
Story 1 1/2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Berkshire Hathaway HomeServices Kee Realty Clinton
NEARBY SCHOOL & BUSINESS
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