Rodney Wayne Gammon
SQUARE FEET2,884
MLS#20261052621
STATUS(Short Sale) - Active
PROPERTY TYPECommercial - Business
SUBDIVISIONM O R E T H A N O N E S U B D I V I S I O N I N V O L V E D
SCHOOLDetroit
Property Description
Incredible investment opportunity in the heart of Island View! This massive multi-unit residence has served as a licensed adult foster care facility for over 50 years and was previously approved for up to 20 residents. The property is currently tenant-occupied with ten long-term residents-many with over a decade of tenancy-who would love to stay. With nine spacious bedrooms, four full bathrooms, and two half baths, the floor plan offers flexibility and scale. Just minutes from Belle Isle, downtown Detroit, and the bustling West Village, this property is perfect for investors seeking cash flow and long-term upside in a rapidly developing neighborhood.
Property Features
Property Type: Commercial - Business
Basement: Yes
Fenced: Yes
Heating: Radiant
Lot Size: 0.27 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $4,191
Year Built: 1912
Feature Descriptions
Days on Site: 25
Exterior: Brick
Fencing: Fenced
Lot Dimensions: 80.00 x 146.00
Parcel#: W15I008064S
Sewer: Public Sewer
Summer Tax: 3756
Water: Public
Winter Tax: 435
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: @properties Christie's Int'l R.E. Birmingham
Agency Phone: 2488508632
Shown By
Agent Name: Rodney Wayne Gammon
Agent Phone: Cell: (248) 636-1010
Agency Title: Key Realty
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485 E Grand Boulevard | MLS# 20261052621
This commercial property located at 485 E Grand Boulevard, Detroit, Mi 48207 is currently listed for sale with an asking price of $365,000. E Grand Boulevard is located within the Detroit school district. Search Detroit real estate on rodneygammon.ikeyrealty.com today.