Transformative 17-Unit Apartment Building, a property with profound potential, located in the heart of Detroit. This 17-unit, historic building represents an unmatched opportunity for the right investor. The renovation on this building has already begun! In the past two years over $200,000 have been spent on a Major Structural Overhaul, Additional Framing on exterior walls, Brand New Roof, A Complete Clean Out on all floors (over $100k in clean out costs), as well as the addition, and clearing, of the adjacent lot.This blank slate is ready to be transformed. This is a chance not just to renovate a building, but to breathe new life into an entire community. Please Review Marketing Flyer for full Pro Forma
Property Type :
Multifamily
County :
Wayne
Style :
Multifamily
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ByOwner last updated this listing 05/03/2024 @ 14:42
MLS: 600699874
LISTED BY: James Duncanson , Lacuna Group, LLC
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3.00%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
