Thank you
Hassan Shukr
Own It Realty
313-395-0000
38-Unit Apartment Building For Sale In Heart Of Detroit's Midtown Neighborhood Built in 2001, 26 1-bed & 12 2-bed. Units Individually Metered, Landlord Pays Water, Common Area Heat & Electric. PILOT In Place For Property Tax. Ideal For LIHTC Developers. Subject To The Affordable Housing Restrictions & Regulatory Agreement, This Building Is Perfect For Re-Syndication And An Ideal Candidate For The Millions Set Aside In The Detroit Affordable Housing Development & Preservation Fund. Owned And Operated By People United As One (PUAO), A Non-profit Organization Located In Detroit. PUAO Was Started By Homeless And Formerly Homeless People In July 1991. Its Mission Is To Uplift The Working Poor Through Counseling, Community Activism, And Economic Development. Their Programs Have Afforded Homeless Individuals The Opportunity To Obtain Basic Living Skills Training, Financial Assistance, Life Management Skills, Social And Psychological Counseling & Support Services. Pre-Qualified Showings Only.
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Total Baths: 38
Full Baths: 38
Elevator/Lift,Fire Sprinkler
Roof : Asphalt,Rubber,Other
Basement Description: Common
Cooling: Window Unit(s)
Heating: Baseboard
Heating Fuel: Electric,Natural Gas
Common,Natural Gas
Year Built: 2000
Building Stories: 4-10 Story
Total Units: 38
Roof: Asphalt,Rubber,Other
Foundation/Basement: Basement
Architecture: Other
Fenced,Playground
Construction: Aluminum,Block/Concrete/Masonry,Other
Sewer: Sewer-Sanitary
Municipal Water,Water at Street
Water Heat: Common,Natural Gas
Lot Size: 0.65
Lot Dimensions: 150 x 190
Frontage Feet: 150
SQ ft: 32896
Financing: Cash,Conventional,Warranty Deed
Original List Price: $3,199,000
Possession: At Close
Legal Description: N MYRTLE 21 THRU 19 BLK 90;CASS FARM L1 P175-7 PLATS, W C R 04/134 150 X 190
Annual Tax: $100
At Close
Legal Description: Section: N MYRTLE 21 THRU 19 BLK 90;CASS FARM L1 P175-7 PLATS, W C R 04/134 150 X 190
Presently Zoned: 1
Road Frontage: Pub. Sidewalk
# of Bedrooms: 26
# of Bedrooms: 12
School District: Detroit
Water:Municipal Water,Water at Street
Sewer:Sewer-Sanitary
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
260 Alfred Street , Detroit, MI,48201 | $1,293,900 | 3 | 2.5 | 2,250 | -- |
229 Edmund #4, Detroit, MI,48201 | $579,000 | 2 | 2 | 1,143 | -- |
3125 Brush Street #7, Detroit, MI,48201 | $739,000 | 2 | 2.5 | 1,909 | -- |
4150 4th Street , Detroit, MI,48201 | $699,500 | 2 | 2.5 | 1,464 | 0.08 Acre |
2939 Park Avenue , Detroit, MI,48201 | $1,100,000 | -- | -- | -- | 0.07 Acre |
438 Selden Street #401, Detroit, MI,48201 | $565,000 | 2 | 2 | 1,148 | -- |
4635 John R Street , Detroit, MI,48201 | $390,000 | 1 | 1 | 2,771 | 0.05 Acre |
3117 Brush #5, Detroit, MI,48201 | $759,000 | 2 | 2.5 | 1,909 | -- |
229 Edmund #2, Detroit, MI,48201 | $814,000 | 2 | 3.5 | 1,414 | -- |
4154 2nd Avenue #7, Detroit, MI,48201 | $549,500 | 3 | 2.5 | 1,623 | -- |
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 04/27/2024 @ 06:11
MLS: 540864131
LISTED BY: Hassan Shukr , Own It Realty
SOURCE: Realcomp II Ltd
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.