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440 Alter Rd
2,120 SF Flex Condo Unit Offered at $315,000 in Detroit, MI 48215
Executive Summary
Jefferson-Chalmers House Hack-ready brick duplex, the upper flat already with a tenant in place, and income producing. This versatile residence is also ideal for investors looking for a stable and well-maintained home. The main floor offers a welcoming living room with a natural fireplace and pewabic tile, a pristine, vintage kitchen, two bedrooms, and a full bath; newer LVP runs throughout the first floor. The second-floor unit includes two additional bedrooms, a full bath, a second living room, and a kitchen renovated in 2022, LVP throughout, plus a screened balcony looking into Grosse Pointe. Separate rear entrances provide privacy for each level, enhancing rental potential. Recently updated, the home boasts a newer roof, vinyl windows, basement glass block windows, a fully brick exterior, dual furnaces and central AC installed in 2022, a shared hot water tank (2022), and separate electrical panels (2022). Additional features include a fenced backyard, garage with opener, and a partially-finished basement with full bath. Located in the Historic Jefferson-Chalmers District, with parks, boat access, dining at the end of the street, and easy access to the Detroit River, Lake St. Clair, Downtown Detroit, and the Grosse Pointes.
Property Facts
| Price | $315,000 | Building Class | C |
| Unit Size | 2,120 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 1,624 SF |
| Total Building Size | 1,624 SF | Year Built | 1956 |
| Property Type | Multifamily (Condo) | Lot Size | 0.16 AC |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Sale Type | Investment or Owner User |
| Price | $315,000 |
| Unit Size | 2,120 SF |
| No. Units | 1 |
| Total Building Size | 1,624 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Investment or Owner User |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 1,624 SF |
| Year Built | 1956 |
| Lot Size | 0.16 AC |
| Opportunity Zone |
Yes |
1 Unit Available
Unit 1
| Unit Size | 2,120 SF | Condo Use | Flex |
| Price | $315,000 | Sale Type | Investment or Owner User |
| Price Per SF | $148.58 | APN/Parcel ID | 21-062648 |
| Unit Size | 2,120 SF |
| Price | $315,000 |
| Price Per SF | $148.58 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 21-062648 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
zoning
| Zoning Code | R2 (Two-Family Residential District is designed to protect and enhance those areas developed or likely to develop with single- or two-family dwellings.) |
| R2 (Two-Family Residential District is designed to protect and enhance those areas developed or likely to develop with single- or two-family dwellings.) |
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440 Alter Rd
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