648 Alter Road, Detroit, MI 48215
648 Alter Road, Detroit, MI 48215
648 Alter Road, Detroit, MI 48215
648 Alter Road, Detroit, MI 48215
648 Alter Road, Detroit, MI 48215
648 Alter Road, Detroit, MI 48215
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Ben Fitch

Ben Fitch

+1(734) 436-1355
$ 239,900
Est. payment | /mo

2 Baths

6,969 Sqft Lot

Save
$ 239,900
Est. payment | /mo
Save

2 Baths

6,969 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20261045961

HOA Y/N true

Year Built 1959

Annual Tax Amount $125

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 50X135

Source Realcomp

Property Description

Great Investment Opportunity on the Grosse Pointe/Detroit Border! Just one block from the Detroit River and within walking distance of Coriander Kitchen & Farm, this versatile multi-unit property offers strong income potential in a rapidly appreciating area. Perfect for an owner-occupant looking to offset their mortgage or an investor seeking immediate rental income. The lower unit is owner occupied and could command approximately $1,700 per month in rent, while the upper unit is currently leased through October 1, 2026, and rents for approximately $800 per month. Separate living spaces provide flexibility to rent both units or live in one and lease the other. Features include a spacious lot, detached two-car garage, basement storage, and a highly desirable location near waterfront parks, dining, and downtown Detroit amenities. Whether you're expanding your portfolio or looking for a smart house-hack opportunity, this property is packed with potential.

Location

State MI

County Wayne

Zoning Residential

Direction South Of Jefferson & East Of Conner

Interior

Heating Forced Air

Cooling Central Air

Exterior

Amenities Available Pets Allowed

View Y/N No

Building

Water Public

Structure Type Brick,Vinyl Siding

Schools

School District Detroit

Others

Tax ID W21I062674S

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Vie Real Estate

Schools and Properties Nearby

Ben Fitch

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(734) 436-1355

benfitch.realtor@gmail.com

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648 Alter Road