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$1,225,000
Est. payment /mo
15 Baths
11,008 SqFt
UPDATED:
12/09/2024 11:59 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
Square Footage 11,008 sqft
Price per Sqft $111
Subdivision Mi
MLS Listing ID 60305922
Full Baths 15
Year Built 1918
Annual Tax Amount $4,863
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 50.00 x 207.00
Property Description
Prime location in the heart of midtown downtown Detroit. Opportunity knocks for this great potential to finish and renovate a multi-family apartment complex. The 3-story investment is located in the historic district and is conveniently located near landmarks in downtown Detroit. Central and convenient to lifestyle amenities and entertainment. This complex offers lucrative opportunities. Which consists of 15 units total, each unit consists of 1-bedroom, full bathroom, living room, dining room and a kitchen. 5 of 15 units are occupied. Full parking lot in the rear of the complex. It is a rare opportunity indeed to invest. Property is sold AS IS. Buyer responsible for all City of Detroit Compliance. This property is zoned class SD1 (Mixed Use). Buyer and Buyers agent to confirm zoning and building code guidelines for inspections, permits, and city of Detroit compliance. Contact City of Detroit for the ZVL letter to find out the current legal use. Proof of funds and approved buyers only. All data and measurements are approx. Buyer’s agent to verify all information.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Poured
Interior
Heating Other-See Remarks, Steam
Cooling Other
Fireplace No
Exterior
Exterior Feature Brick
Building
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $100
Financing Cash,Conventional
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Listed by Sunflower Realty LLC
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