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  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 37143 sqft
Garage No
Taxes $21,079
Days Active 49
Lot Size 
Approx. Age 1926
Avg. Price Per Sqft $12
MLS® Number 20250033480

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity to restore one of the last large elevator multifamily buildings in Detroit. Historic 33 unit with built out storefronts in the rapidly developing Dexter Corridor. Recently awarded over 30 million in grants this area surrounds Historic Russell Woods and is currently undergoing a massive street scape and infrastructure revitalization. The 27.5 mile Joe Louis Greenway will run through the Dexter Linwood corridor spurring additional retail and mixed use development for years to come. EV Charging stations, new water lines, extensive landscaping and areas for pedestrian walkways and retail currently in progress. Minutes away from New Center, The Fisher, Henry Ford Hospital and Police Headquarters, fifteen minutes from the Downtown Riverfront and Ferndale and Royal Oak to the north. 26 one bedroom apartments, six two bedrooms and a Super's unit on the garden level. This building was built for luxury and elegance with detailed marble and tile work that can be saved. This building is a FULL Rehab but even with moderate finishes and upgrades this building will be highly rentable at market rates, especially recent grads and relocations moving to Detroit for work and priced out of downtown and the suburbs. Here is a chance to make your mark on the city everyone is watching and get established before the area is priced out. BATVAIShow Description
MLS® Number20250033480
Laundry Level
Central VacNo
FireplaceNo
Acreage0.22
Exterior
GarageNo
Approx. Age1926
BasementCommon, Full, Unfinished
Driveway
Garage Spaces
HeatNatural Gas, Radiant
A/C
Heating Fuel

Extras

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