NOT LISTED FOR SALE
41 Beds
27.5 Baths
21,072 Sq Ft
1912 Built

Last Sold October 05, 2017

Last sale price $350,000 $17 Per Sq Ft

36 Days on Market

About This Home

As of October 2017

26 Unit Building In Midtown Detroit - Endless Possibilities - Owner Has Brand New Windows For ALL Units And Will Include Them In The Sale - Building Needs Total Renovation - Location Is Everything - Near Wayne State University - WSU Administration Building - Steps Away From WSU Law School - Detroit Institute Of Arts...College For Creative Studies...Detroit Medical Center...Detroit Science Center...Children's Hospital...Charles H Wright Museum...Whole Foods...Starbucks - Inside Midtown Proper - Literally Steps Away From The New M-1 - Options Are Endless For This Building - Needs Total Renovation - 21,072 Square Feet Plus An Additional 7024 In The Basement - Perfect For Renovation - Be Part Of Detroit's Heartbeat - Call Listing Agent Directly For More Information - Seller May Work With Potential Buyer If Conditions Are There - DO NOT ENTER THE BUILDING WITHOUT PERMISSION FROM LISTING AGENT

Last Agent to Sell the Property

Jodee Gibson

Good Company License #6502394804 Listed on: 06/29/2017

Good Company

Last Buyer's Agent

Jodee Gibson

Good Company License #6502394804 Listed on: 06/29/2017

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1912

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 21,072 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement

Additional Features

  • Lot Dimensions are 103 x 55 x 119 x 55
  • Back Up Electric Heat Pump System

Community Details

  • 26 Units
  • Lobby

Listing and Financial Details

  • Assessor Parcel Number W03I001687S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,642

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building
  • Architecture Level: 4-10 Story
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 27.10
  • Full Bathrooms: 27
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 21072
  • Total Sq Ft: 21072
  • Sq Ft Total Bsmt: 7024

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Electric
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • Lot Dimensions: 103 x 55 x 119 x 55
  • Parcel Number: W03I001687S
  • Zoning: Residential

Rental Info

  • Deposit Amount: 100000.00
  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 2300.0000
  • Tax Amount Winter: 341.7700
  • Total Tax: 2641.7700

Multi Family

  • Gross Scheduled Income: 312000.00
  • Number Of Units Total: 26
  • Unit Count: 1
  • Number of Efficiency Units: 5
  • Number of One Bedroom Units: 8
  • Number of Three Bedroom Units: 7
  • Number of Two Bedroom Units: 6

MLS Schools

  • School District: Detroit

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2017 10/05/17 Sold $350,000 0.0% $17 / Sq Ft
08/08/2017 08/08/17 Off Market $350,000 -- --
08/04/2017 08/04/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $399,000 -- $19 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217056150

Realcomp