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$755,000
Est. payment /mo
6 Baths
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 20251038173
Year Built 1905
Annual Tax Amount $3,284
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40.00 x 105.00
Source Realcomp
Property Description
Nestled in the heart of Midtown Detroit, this fully occupied six-unit apartment building presents a rare investment opportunity in one of the city's most vibrant neighborhoods. Conveniently located near I-94, the Lodge Freeway, and Woodward Avenue, this historic property offers seamless access to all things Midtown, from cultural attractions to dining and entertainment. The building features a mix of units, including one studio-style apartment and one loft-style apartment, two one-bedroom units and two spacious two-bedroom apartments—one with a private balcony. Upgrades include new countertops, flooring, and disposals in every unit, as well as individual furnaces, water heaters, and window A/C units, with central air in the loft apartment. Each unit is equipped with a dedicated load center with resettable breakers, and fiber optic cable and internet are installed in the building. The basement and loft units are not shown in photos, and their measurements are not provided.The front porch has been completely rebuilt, and some windows have been replaced with Detroit Historical Society-approved designs. Inside, all original lathe and plaster have been converted to drywall, and the building is lead-based paint free certified. Emergency lighting, smoke, and carbon monoxide detectors are installed throughout. All plumbing has been replaced with copper and PVC. The property also features a basement coin laundry, upper and lower shared deck spaces, and dedicated (owned) parking. It has received full inspection clearance from the City of Detroit and meets all city code requirements. With 100% occupancy and long-term tenants, this historic building has steady income potential, and current rents remain under market value, offering room for future growth. ***Showings require 24-hour notice. Pre-approval or proof of funds must be provided before confirmation. The listing agent and property manager will accompany all showings.***
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction S of Warren, E of M-10 off of the Service Drive
Interior
Heating Forced Air, Space Heater
Cooling Central Air
Exterior
View Y/N No
Roof Type Composition
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W04I000951S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Century 21 Curran & Oberski
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