104 Grand Avenue
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $219,900 |
| No. of Units: | 5 |
| Year Built: | 1900 |
| Lot Size: | 1,969.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $43,980 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 5 |
ID: 3yd-REALCOMPMI-20261033630
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