485 E GRAND Boulevard

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 nine 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.

Studio

5
baths

2,884 Sq.Ft. LIVING AREA

0.27 Acres lot

Charlie Siciliano

title Associate Broker
PHONE (248) 385-7788
EMAIL [email protected]
DRE # 6501383141

Features & Amenities

Interior

total bedrooms0
Total bathrooms5
full bathrooms4
half bathrooms2
APPLIANCES Gas Water Heater

Area & Lot

Status For Sale
Living Area2,884 Sq.Ft.
Lot Area0.27 Acres
MLS® ID20251013684
TypeMulti-Family
YEAR BUILT1912
Architecture StylesColonial

Exterior

water SourcePublic
PoolNone
roofAsphalt
HEAT TYPEHot Water, Natural Gas
AIR CONDITIONINGNone
sewerPublic Sewer
SubstructureBlock

Financial

Sales Price$400,000
Real Estate Tax $4,191/yr
Zoning Commercial

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What sets Charlie and Jessica apart is not just their extensive background and shared passion for helping others, but their innovative approach to social media. Contact them today to discuss all your real estate needs!

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