Sale
OVERVIEW

1939 - 41 Grand - SOLD

National Real Estate Management Group is excited to announce your next investment opportunity. Located in the Oakman Blvd Community of Detroit, this beautiful red brick duplex features two bedroom, one bathroom units. Each unit is 950 sqft that includes generously sized bedrooms for comfortable living. The upper unit is currently occupied with a long term tenant while the lower unit is vacant. Located only a few minutes from the University of Detroit Mercy, and just 10 minutes away from Downtown Detroit. Very convenient location with close proximity to many schools, places of worship, shopping facilities and public transit. Don’t miss out on this great opportunity to invest in your next rental property!

At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication. Choose National Real Estate Management Group for a worry-free investment experience.


1939 - 41 Grand Street
Detroit, MI 48238

eCode:
County:
Wayne
Property Type:
Multifamily
Residential
Total Building SF:
1,954 SF
Lot Size:
4,356 SF
Year Built:
1924
Beds:
2+
Bathrooms:
1+
Renovated:
Zoning:
Sales Price:
$72,900
Sales Price Per SF:
$37.31
Monthly Rent:
$615
Taxes:
$1,073
Expenses:
$1,938
ROI:
6%
Rental Rate:
Additional Information:
  • Neighborhood: Oakman Blvd
  • Red brick duplex
  • Situated on large lot
  • Number of units leased: 1
  • Upper unit occupied and Lower unit vacant
  • Pleasant 2 bedroom 1 bath per unit
  • Basement: Unfinished, Basement
  • Perfect for investors
  • Clear title, no back taxes or water dues
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