360 Alter Rd, Detroit, MI 48215

$215,000 Asking Price

4 beds
2 baths
1,530  sqft
Built in 1954

Attractive brick bungalow in one of Detroit's most in demand locations and fastest appreciating sub markets! Abutting Grosse Pointe Park, this rare offering could continue operating as a 2 unit multi-family property or you could occupy both units as a single family home at a great price, generate passive investment income, or "house hack" by living in one unit & renting the other to cover mortgage / expenses! Numerous big ticket updates including new HVAC & Mechanicals, updated windows & roof. Four bedrooms & two full baths between the now-two units both possess beautiful original hardwood floors, large windows allowing for plenty of natural light, a spacious yard, & extra storage available in the basement. Backyard is Grosse Pointe, front yard is Fox Creek. Walking distance to Coriander & only a 15 minute drive from downtown Detroit. This property offers a blend of character & upside potential. Schedule today!

Features & Amenities

Interior

Basement:
Unfinished
A/C:
Central A/C
Heating:
Natural Gas, Forced Air

Exterior

General:
Brick
Style:
Bungalow

Construction

General:
2 Story, Basement

Location

Road/Access:
Paved Street
Originating MLS:
RealComp
School District:
Detroit City School District
County:
Wayne

Lot

Zoning:
E-ALTER 112 WINDMILL POINTE SUB L37 P5 PLATS, W C R 21/521 50 X 135, W21I062637S

Utilities

Water:
Public Water at Street
Sewer:
Public At Street

Financial

Source:
RealComp

This listing courtesy of:
Jim Saros Real Estate Services, Savannah Srebernak

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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