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$259,900
Est. payment /mo
5 Baths
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261066404
HOA Y/N true
Year Built 1905
Annual Tax Amount $2,573
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 45X132
Source Realcomp
Property Description
All reasonable offers will be considered! Send it over!Multi-Unit Investment Property for Sale in DetroitExceptional opportunity to own a multi-unit residential property in a prime Detroit location with tremendous upside potential. Rich in character, the building features beautifully preserved original wood finishes, multiple fireplaces, spacious open living areas, and a blend of classic architecture with select modern opportunity, including some vinyl windows and a bathroom already updated.Outside, a gated rear parking slab provides added convenience for residents. Ideally located just west of Corktown, close to the Detroit River, and just minutes from New Center neighborhood where the $3 billion Future of Health development is planned; a landmark joint venture between Henry Ford Health, Michigan State University, and the Detroit Pistons organization. When complete, this project will add a 1.2 million sq ft hospital tower, a 335,000 sq ft research center, and 662 new mixed-income apartments within short distance of this property. The demand that follows that kind of institutional investment — healthcare workers, university staff, researchers, and support personnel means that this property offers an outstanding opportunity for investors or owner-occupants looking to bring their vision to life in one of Detroit's most sought-after areas.
Location
State MI
County Wayne
Zoning Residential
Direction W on Risdon St., N. on W. Grand Blvd.
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I009800S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Avenue Group Homes, LLC
NEARBY SCHOOLS & PROPERTIES
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