5530 ALTER Road $125,000

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    5530 ALTER Road Detroit, MI 48224

    • 5 Beds
    • 4 Baths
    • 2,512 sq. ft.
    • Single-Family
    • MLS# 60360811
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    Views: 3 Days On Site: 17

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    Property Details

    Welcome to this fully gem in the desirable 48224 zip code! This property offers incredible potential, featuring 5 spacious bedrooms (3 on the first floor and 2 upstairs), 3 full bathrooms, and a convenient half bath in the basement. With separate living and dining rooms on both floors, this home provides ample space and privacy to be coverted in to a multi-family home. Recent upgrades include a brand-new roof and new gutters (11/2024), ensuring peace of mind for years to come. This property offers a spaciuos layout with a fireplace on the first floor, a spacious basement with two extra rooms, perfect for extra storage or workspace, and the 2-car garage offers additional value with some rehab needed. Whether if you are looking to flip or hold for long-term rental income, this property offers endless possibilities, this will be a great investment situated in a beautiful neighborhood. Donâ‚„¢t miss this incredible opportunity â‚' submit your offer today! This property is ready to generate rental income or serve as a fantastic owner-occupied home. Schedule a showing now and make it yours!

    • General Features
      • Bedrooms 5
      • Structure Style 2 Story
      • Acreage 0.11
      • Area Municipality Detroit (82001)
      • Association Fee Y/N No
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision WALLACE FRANK B ALTER RD GARDENS
      • Total SqFt Finished 2512
      • Waterfront Y/N No
      • Year Built 1938
    • Building Features
      • Architecture Style Traditional
      • Bedroom 1 Level Entry
      • Basement Type Unfinished
      • Exterior Construction Brick
      • Garage Type Detached Garage
      • Foundation Type Basement
      • Heating System Forced Air
    • Property Features
      • Lot Size 40.00 x 115.00
      • Roads Paved Street
      • Sewer Septic Public Sanitary
      • Water Public Water
    • Schools
      • School District Detroit City School District

    Neighborhood

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $125,000
    12/18/2024 7:07:00 PM New in Database Source: Multiple Listing Service New Value: $125,000

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    ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.