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104 Grand

Mount Clemens, MI 48043
  • $239,900
  • STATUS: Active
  • ON SITE: 91 Days
  • MLS #: 20261033630
UPDATED: 41 min ago
$239,900
  • 0
    BEDS
  • 0.17
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 1,969
    SQFT
  • $122
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

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.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-11T15:56:28.65.
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104 Grand Mount Clemens, MI 48043

  • Price: $239,900
  • Status: Active
  • On Site: 91 Days
  • Updated: 41 min ago
  • MLS #: 20261033630
0
Beds
5
Baths
0
½ Baths
0.17
Acres
1,969
SQFT
$122
$/SQFT
1900
Built
Neighborhood:
Euphemia Hubbard's Addition
County:
Macomb
Area:
Mt Clemens (50013)
School District:
Mt Clemens Community Schools
Property 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.
Exterior Features

Exterior Construction Vinyl Siding Exterior Features Porch Foundation Type Basement Frontage 50 Lot Size 50.00 x 150.00 Parking On Street Roads Paved Street Structure Style 2 Story Styles Colonial Waterfront YN No

Interior Features

Basement Type Block Basement YN No Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Financial Terms CashConventional For Sale Or Rent For Sale Lease YN Yes Municipality Mt Clemens Municipality Type City Net Operating Income 22874.13 Ownership Private Property Type Multi-Family SEV 89200 Subject To Short Sale Approval No Summer Tax Amount 6046 Taxable Value 77943 Total Expenses 11865.85 Total Tax Amount 6166 Water Public Water Winter Tax Amount 120 Zoning Multi-Family

Listing courtesy of EXP Realty Main : 888-501-7085.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-11T15:56:28.65.
 
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5400 Gateway Center Ste B
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