9702 Dundee Street
Detroit, MI 48204

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Description

Solid brick four-unit property offering strong income potential with minimal remaining work needed before occupancy. Ideal for investors seeking a value-add or near-stabilized asset in an appreciating area. Each unit offers functional layouts with updated mechanicals and improvements already completed, allowing a new owner to finish and lease quickly. Projected rents support strong cash flow once stabilized. Adjacent vacant lot included in the sale, providing added value and future flexibility for parking, expansion, or additional development. Conveniently located near major thoroughfares, public transit, and minutes from Downtown Detroit, New Center, Midtown, Henry Ford Hospital, the Lodge Freeway, and I-96. Close to shopping, dining, and neighborhood redevelopment. Perfect for buy-and-hold investors, portfolio builders, or 1031 exchange buyers seeking upside in a high-demand rental market.

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48204
• Year Built: 1923
• School District: Detroit
• Units: 4 units
• Basement: Full, Yes, Yes
• Lot Size: 4792 sq ft lot
• Construction Materials: Brick
• Cooling: Central Air
• Cross Street: Grand River and Livernois
• Heat Source: Natural Gas
• Heat Type: Forced Air
• Heating: Forced Air
• Laundry Features: In Basement
• Lot Description: Sidewalk
• Lot Features: Sidewalk
• Lot Size Area: 0.11
• Lot Size Square Feet: 4792
• Lot Size Units: Square Feet
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 1
• Owner Pays: Water
• Parcel Number: 16005231.
• Possession: Close Of Escrow
• Road Frontage: 40
• Roof: Composition
• SEV: 35500
• Sewer: Public Sewer
• Spec Assessment Ty: 29, 700
• Tax Annual Amount: 3740
• Tax Legal Description: S DUNDEE 294 NARDIN PARK SUB L26 P96 PLATS, W C R 16/191 40 X 120
• Tax Year: 2025
• Tenant Pays: Electricity, Gas
• Terms Available: Cash, Conventional
• Township: Detroit City
• Util Availat Street: Public Sewer, Public Water
• Utilities: Natural Gas Connected, Electricity Connected
• Water Source: Public Water