JoinServicesInsightsPeopleAbout Us
USAMIDetroitMerrill Palmer (Also Pg 55 )303 Covington Dr
303 Covington Dr, Home with 0 bedrooms, 0 bathrooms and null parking in Detroit MI | Image 1
Link Copied
$1,290,000

303 Covington Dr, Detroit, MI

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Real Estate Only
Levels Commercial Sale
Size 8831 sqft
Garage No
Maintenance Fees 
Taxes $19,675
Days Active 85
Approx. Age 1964
Avg. Price Per Sqft $146
MLS® Number 20250024379

Property Address: 

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

Description

MID-CENTURY IN THE CITY! Sellers have made an extensive investment into renovations, making this recently remodeled 15-unit Palmer Park GEM a prime income-generating property. 303 Covington consistently earns top-dollar rental income, with most units already updated or in the final stages of renovation—tenant-ready within the month. Recent upgrades include a new boiler (2022), all new electrical service panels, dozens of replaced thermal windows, new in-unit ACs, and numerous interior improvements throughout each unit. This property has been a reliable income producer for decades and has undergone several thoughtful restorations, making it highly desirable for long-term, consistent occupancy. Tenants enjoy a shared courtyard and laundry room, secure fencing, illuminated walkways, front and rear entrances, and first-come, first-served parking. Rent rolls and expense reports available upon request. Don’t miss this incredible investment opportunity in one of Detroit’s most historic and revitalized neighborhoods!Show Description
MLS® Number20250024379
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1964
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing