Listed by Exp Realty
$239,900
1624 Gratiot Avenue
Details
Property Type Special Purpose, Business for Sale
Square Footage 2,165
Units 5
Cap Rate 100%
NOI $302,600
Occupancy 100%
Tenancy Multi
Rent Bumps No
Price per SqFt $111
Class B
Year Built 1924
Year Renovated 2025
Buildings 1
Stories 2
Acreage 0.500
Zoning RESIDENTAIL SPECIAL USE
Parking Spaces 5 spaces
Parking Per SqFt 2.31
Investment Type Stabilized
Ground Lease No
Listing Contacts
Listed by Exp Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$302,600.00
$25,216.67/mo
Valuation Metrics
0
DSCR
126.14%
Cap Rate
126.14%
ROI
Map
Zoning
R-2 ResidentialMulti FamilyMedium Density Residential
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View all 116 uses
View all 116 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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