648 Alter Road, Detroit, MI 48215
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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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Sandi Smith

Sandi Smith

Trillium Real Estate

+1(734) 216-6414
$ 239,900
Est. payment /mo
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648 Alter Road Detroit, MI 48215

3 Beds

2 Baths

2,988 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,988 sqft

Price per Sqft $80

MLS Listing ID 20261051831

Bedrooms 3

Full Baths 2

Year Built 1959

Annual Tax Amount $125

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 50X135

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Rare Opportunity on the Grosse Pointe/Detroit Border! Just one block from the Detroit River and within walking distance of Coriander Kitchen & Farm, this spacious property offers incredible flexibility for homeowners and investors alike. Currently configured with separate upper and lower living spaces, the home is ideal for multigenerational living, an owner-occupant seeking rental income, or conversion to a spacious single-family residence. The lower level is owner occupied, while the upper unit is leased through October 1, 2026, providing immediate rental income. Estimated market rents are approximately $1,700 per month for the lower level and $800 per month for the upper level. Additional features include a detached two-car garage, basement storage, a generous lot, and an unbeatable location just minutes from the Detroit River, Belle Isle, downtown Detroit, and Grosse Pointe. Whether you're searching for a home with income potential or a property to make your own, this one offers exceptional value and endless possibilities.

Location

State MI

County Wayne

Direction South Of Jefferson & East Of Conner

Interior

Heating Forced Air

Cooling Central Air

Appliance Refrigerator, Range, Microwave, Built-In Electric Oven

Exterior

Exterior Feature Porch(es)

Parking Features Detached

Garage Spaces 2.0

View Y/N No

Garage Yes

Building

Story 2

Sewer Public

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

NEARBY SCHOOLS & PROPERTIES

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648 Alter Road