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4239 ALTER Road
Detroit, MI 48215

Sold 12/11/2017
  • 12
    partial baths
  • 873
Multi-Family Home

12 Studio Apartments, approx 4,200+/- SF 2-Story Brick Building located in redeveloping area surrounded by heavy new construction. Professionally managed and receiving $400/mo/unit. Currently at 83% Occupancy. Landlord Costs: $95/mo Gas & Electric, $80/mo Insurance, $300/mo Water, $1,700/yr Taxes. True 11+% ROI, with room for growth. Drive the location to witness the brand new construction development adjacent to the subject property. All appointments to be scheduled through the listing broker. All buyers must be Pre-Qualified with updated Proof of Funds or Pre-Approval Letter within 30 days of showing or offer. Minimum $10,000 EMD required. Contact listing broker direct for additional details.

Property Details
  • Detroit
    school district
  • Common Entry Building,Upper/Lower Apartment
  • $827.00
  • 1923
  • 217090046
Ceiling fan(s)
Electric heat
Floor furnace
Cable television available
School district: Detroit
Brick exterior
Lot size: 30.00 X 100.00
Frontage: 30
Total square feet: 873
Basement square feet: 2000
For sale
Summer tax: 751.0000
Winter tax: 76.0000
Courtesy of:
Premier Property Services LLC

Call (855) 464-2662

We are standing by to assist you.
Get more info or schedule a showing:
Name Type GreatSchools
Edward 'Duke' Ellington @ Beckham Pre-School, Elementary School, Middle School / Public 3 2.47 mi.
Bates Academy Elementary School, Middle School / Public 6 11.16 mi.
Carstens Elementary-Middle School Elementary School, Middle School / Public 2 1.91 mi.
Detroit International Academy For Young Women Elementary School, Middle School, High School / Public 3 6.6 mi.
Foreign Language Immersion And Cultural Studies Elementary School, Middle School / Public 4 12.6 mi.
Spain Elementary-Middle School Elementary School, Middle School / Public 3 5.88 mi.
Clippert Academy Middle School / Public 2 8.98 mi.
Douglass Academy For Young Men Middle School, High School / Public 2 7.37 mi.
Ludington Magnet Middle School Middle School / Public 2 16.36 mi.
Cass Technical High School High School / Public 4 6.67 mi.
Communication And Media Arts High School High School / Public 4 12.97 mi.
Detroit School of Arts High School / Public 4 6.35 mi.
East English Village Preparatory Academy High School / Public 2 1.63 mi.
Address Distance Sale date Sale price
4239 ALTER Road 0 mi. 12/11/2017 $200,000
{"markerType": "ForSale", "lat": "42.39176", "lng": "-82.95102", "Address": "4239 ALTER Road", "City": "Detroit", "StateProv": "MI", "ZipCode": "48215"}
{"markerType": "Sold", "lat": "42.39176", "lng": "-82.95102", "Address": "4239 ALTER Road", "City": "Detroit", "StateProv": "MI", "ZipCode": "48215"}
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4239 ALTER Road, Detroit, MI 48215, 18 bath multi-family home was sold for $200,000.
Provided through IDX through Realcomp II Ltd. Courtesy of Howard Hanna Real Estate Services
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School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.