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About This Home

This 5-bedroom, 5-bathroom residential multi family at 104 Grand Avenue in Mount Clemens, MI is listed for $239,900 ($122 per sqft). Built in 1900, the home offers 1,969 sqft of living space on a 0.17 acres lot.

Agent Description

Rare fully occupied 5-unit multifamily opportunity in the heart of Mount Clemens. This well-cared-for income property offers long-term tenants, separate utilities, and a stabilized setup that can be difficult to find in the Metro Detroit suburbs. The property is a strong fit for investors looking to expand their rental portfolio, pursue steady cash flow, or explore a BRRR-style strategy.

With full occupancy already in place and an established tenant history, this building gives buyers a clean starting point without having to fill vacancies from day one. Management company referrals are available upon request. All walkthroughs must be accompanied by proof of funds or a pre-approval letter.

Full financials, including rent roll, leases, and audited financials, will be made available with an accepted Letter of Intent or Purchase Offer. Seller will not participate in financing. No seller financing, no land contracts, and no subject-to offers. Cash or conventional financing only. Perfect for new or experienced real estate investors, 1031 exchange buyers, or anyone looking to add a stabilized multifamily property to their portfolio.

Key Features

  • Built in 1900
  • 0.17 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
5 full
8 spaces
1900

Monthly Cost Estimate

$1,283/mo

20% down · 6.5% · 30 years

Principal$173
Interest$1,040
Insurance$70

Estimates only. Actual payments may vary.

Location

104 Grand Avenue

Mount Clemens, MI 48043

EUPHEMIA HUBBARD'S ADDITION

Property Details

Construction

Vinyl

Heating

Forced Air

Questions & Answers

This 5-bedroom, 5-bathroom residential multi family at 104 Grand Avenue is listed at $239,900 ($122/sqft). The estimated monthly payment is $1,040 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.17 acre lot, 2 stories, 8 parking spaces.

This property is listed by Dylan Tanaka and can be reached at (888) 501-7085 or dylan@dylantanaka.com.

DT

Dylan Tanaka

Agent at EXP Realty Main

(888) 501-7085

Listed by EXP Realty Main · View on Broker Site

MLS# 20261033630· Source: listhub· Updated 21 days ago

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104 Grand Avenue, Mount Clemens, MI 48043

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