• 1450 6th Street Detroit, Michigan 48226

  • $1,899,000
  • 10
    Bed(s)
  • 8
    Baths
  • 7,500
    Sq Ft
  • 0.42
    Acre

The Definitive Corktown Collection: a group of properties of various architectural styles exemplary of Corktown, in the heart of the neighborhood, and adjacent to the central business district and Riverfront. A developer’s opportunity for immediate cashflow, reactivation of the vacant structures, and vacant land for redevelopment. This site is in an Opportunity Zone and Neighborhood Enterprise Zone (New/Rehab). The package is made of four separate pieces: 1) Triangle-shaped vacant land to the north + vacated Labrosse St from 6th to Lodge; 2) 1450 Sixth, a brick 4-unit, occupied, newer roof and boiler, additional space in basement for one or two additional units; 3) the “House Next Door,” at 1440 Sixth, a rare example of Greek Revival architecture, needing complete renovation and stabilization; 4) the Worker’s Row House at 1430 Sixth, originally a 3-unit tenement house, with roof, structure and exterior fully stabilized; There is additional land behind this structure that could be a great location for additional residential or carriage house. This location is walkable to the restaurants lining Michigan Avenue and one mile to Ford’s Michigan Central Innovation District. Most of the offering is combined under tax ID 06004564-743, except 1430 6th the Worker’s Rowhouse, which is tax ID 06004563. The properties are part of the Corktown historic district. The zoning is B6, General Services District, which allows residential, commercial and mixed use purposes. The parcels are also part of a Neighborhood Enterprise Zone (NEZ) "New-Rehab" district, which offers frozen taxable value for end users.

Property Type :

Multifamily

County :

Wayne

Style :

Multifamily

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Property Details

 

Bathroom Information

Total Baths: 8

Full Baths: 8

Interior Features

Laundry Facility

Roof : White Roof

Basement Description: Unfinished

Heating & Cooling

Heating: Hot Water

Heating Fuel: Natural Gas

Water Heater

Natural Gas

Building Information

Year Built: 1906

Building Stories: 2 Story

Total Units: 8

Roof: White Roof

Foundation/Basement: Basement

Architecture: Historic,Quadruplex,Triplex

Exterior Features

Construction: Brick,Wood

Utility Features

Sewer: Public Sewer (Sewer-Sanitary)

Water

Public (Municipal)

Water Heat: Natural Gas

Lot Information

Lot Size: 0.42

Lot Dimensions: irregular

Property Information

SQ ft: 7500

Subdivision: LABROSSE FARM (DEEDS)

Financing: Cash,Conventional,Warranty Deed

Listing Price Information

Original List Price: $1,999,000

Listing Information

Possession: Negotiable

Legal Description: E SIXTH W 40 FT ON S LINE BG W 5 FT ON N LINE OF 6 N 84 FT OF 7 AND VAC LABROSSE ST ADJ BLK 53 LABROSSE FARM W 57.07 FT ON S LINE BG W 21.21 FT ON N LINE OF LOTS 10 & 11 TRIANG PT OF 9 BG W 15.12 FT ON S LINE & S 56.02 FT ON W LINE BLK 55 LABROSSE FARM L13 P85 DEEDS, W C R 6/6 16,366 SQ FT

Tax Information

Annual Tax: $177

Parcel Number: W06I004564C743

Possession

Negotiable

Legal Information

Legal Description: Section: E SIXTH W 40 FT ON S LINE BG W 5 FT ON N LINE OF 6 N 84 FT OF 7 AND VAC LABROSSE ST ADJ BLK 53 LABROSSE FARM W 57.07 FT ON S LINE BG W 21.21 FT ON N LINE OF LOTS 10 & 11 TRIANG PT OF 9 BG W 15.12 FT ON S LINE & S 56.02 FT ON W LINE BLK 55 LABROSSE FARM L13 P85 DEEDS, W C R 6/6 16,366 SQ FT

Parking Information

Parking: 8

Multi-Unit Information

Road Frontage: Paved

Unit 1 Information

# of Bedrooms: 3

Unit 2 Information

# of Bedrooms: 2

Unit 3 Information

# of Bedrooms: 1

School Information

School District: Detroit

Utility Information

Water:Public (Municipal)

Sewer:Public Sewer (Sewer-Sanitary)

Nearby Home Value

MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 05/10/2024 @ 04:47

MLS: 584989395
LISTED BY: Jan Dijkers , Berkshire Hathaway HomeServices The Loft Warehouse
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3%
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.

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