580 Alter Road, Detroit, MI 48215

$350,000
  • 580 Alter Road, Detroit, MI 48215 Main Photo

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Active
BEDS0 BATHS2 full SQUARE FEET1,878 MLS#20261037144
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWindmill Pointe Sub Also P6 SCHOOLDetroit

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.

580 Alter Road | MLS# 20261037144

This multi-family property located at 580 Alter Road, Detroit, MI 48215 is currently listed for sale with an asking price of $350,000. Alter Road is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partially Finished
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Bungalow
Lot Size: 0.16 Acres
Year Built: 1956

Feature Descriptions

Architecture: Bungalow
Days on Site: 11
Exterior: Brick
Foundation: Basement
Frontage Feet: 50
Interior: Laundry Facility
Lot Dimensions: 0.16 Acre(s)
Lower Level Finished Sqft: 500
Road Frontage: Paved
Summer Tax: $3157.0000
Winter Tax: $0.0000

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices Kee Realty Clinton
Agency Phone: (586) 840-0400

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 2,059.88 per month $1,957.80 Principal & Interest $0.00 Property Tax (data not provided by mls) $102.08 Homeowner's Insurance

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