491 E GRAND Boulevard Detroit, MI ^$ 399,000

491 E GRAND Boulevard

^$ 399,000

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491 E GRAND Boulevard

Detroit, MI, 48207

^$ 399,000

Bedrooms10 Baths4.1 Sq 3,990

Monthly Estimate*

^$ 2,787

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Single Family Home for sale in Detroit, MI

for $399,000 with 10 bedrooms and 4 full baths, 1 half bath. This 3,990 square foot home was built in 1922 on a lot size of 0.2.

Welcome to an incredible multi-use property in the heart of Detroit, offering a myriad of possibilities for the discerning investor. Boasting an R5 zoning and commercial office approval, this versatile gem allows for seamless transformation into a multi-family residence, apartments or single family home - all without the hassle of rezoning. Its strategic proximity to downtown Detroit ensures easy access to the vibrant nightlife and diverse dining experiences the city has to offer; Detroit Metro Airport is just minutes away and swift access to major expressways.

Single Family Active

Price

^$ 399,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 3,782

Style

Colonial

Lot Size

0.2

Year Built

1922

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60274888

Features

General

Heating Forced Air Radiant

Kitchen Level Entry

Possession At Close

Water Public Water

Status Active Active

Full Baths 4

Half Baths 1

Bathrooms 5

Year Built 1922

Subdivision PALMS F F MI

Style Colonial

County Wayne

Class RESIDENTIAL

Type Single Family

Percent Ownership Private

Municipality Detroit

Structure Style More than 2 Stories

Area Detroit (82001)

Primary City Detroit

Directions Traveling East On Jefferson To Street (Left) To Address

City Detroit

School District Detroit City School District

Street Name GRAND

Financial Terms Cash Conventional FHA VA

Legal Description W E GRD BLVD S 10 FT 4 5 F F PALMS SUB L25 P13 PLATS W C R 15/107 60 X 146.30

DOM 145

Postal Code 48207

Price Per Sq Ft 100

Coming Soon Welcome to an incredible multi-use property in the heart of Detroit offering a myriad of possibilities for the discerning investor. Boasting an R5 zoning and commercial office approval

Interior

Basement Unfinished

Beds 10

Fireplace? No

Total Rooms 17

Exterior

Exterior Brick

Frontage 60

Lot Size Area 0.2

Pool (Y/N) No

Lot Dimensions 60.00 x 146.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Chad Apap

Listing Agent

Exp Realty Llc

Broker

chad@soldbymarkz.com

Affordability Calculator

$3,102

Per Month

Monthly Principal & Interest: $2,787
Monthly Property Taxes: $315
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Detroit, MI

Average List Price ^$112,942

Percent of Sale Price 72%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/7/2024	$399,000	-6.12%	Price Down
11/30/2023	$425,000		Listed Price

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491 E GRAND Boulevard, Detroit, MI, 48207 is a Single Family Home for sale at $399,000 with 3,990 sqft and a lot size of 0.2. 491 E GRAND Boulevard has 10 bedrooms, 4.1 baths, and was built in 1922. The property's zip code is 48207 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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491 E GRAND Boulevard

Single Family Home for sale in Detroit, MI

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