900 E Grand Boulevard, Detroit, MI 48207

• 5 baths |
• 4,934 sqft

Property Description

Investors’ Dream in Detroit! Exceptional income-producing opportunity in Detroit’s revitalizing Islandview and West Village corridor. This fully occupied 5-unit multifamily building generates $62,400 in annual gross rental income. The property consists of four spacious 2-bedroom units, each approximately 1,200 square feet, and leased at $1,000 per month, along with one large 3-bedroom unit of 1,700 square feet leased at $1,200 per month. The landlord pays only for water, while tenants cover gas and electricity, keeping expenses low and returns strong. Current rents remain below market, providing a significant opportunity to increase income as the Detroit rental market continues to strengthen. With a cap rate of 8.3% and potential growth up to 10%, this property offers impressive performance and long-term upside. Situated in a vibrant neighborhood near Sonora Missionary Baptist Church, the Detroit Waldorf School, and the Butzel Family Recreation Center, it’s ideally located for tenants seeking convenience and community. Call today to schedule your private tour and secure your next great investment.

Listing Status:

Active

Listing Office:

Century 21 Curran & Oberski : 3132747200

Listing Agent:

Jiryes Jarrous : 3139429007

MLS ID:

20251047064

Interior

• Laundry: Common areaLaundry room
• Basement: FullUnfinished
• A/C: Ceiling fansWindow units
• Heating: Forced airNatural gas

Exterior

• Style: Colonial
• Other Structures: EnclosedPorch
• Pool: None
• Parking: Parking lotShared driveway

Construction

• Roofing: Asphalt
• General: Vinyl sidingThreeBasementBlock

Location

• Road/Access: Paved
• Originating MLS: Realcomp II Ltd
• School District: Detroit
• County: Wayne

Lot

• Zoning: E E GRAND BLVD 58 ASSESSORS PLAT OF PT OF PC 678 L66 P52 PLATSW C R 15/276 60 X 134W115I007626S
• Fencing: Back yardFencedFront yard

Utilities

• Utilities: Underground utilities
• Water: Public
• Sewer: Public sewer

Financial

• Source: Realcomp II Ltd

This listing courtesy of Jiryes Jarrous, Century 21 Curran & Oberski