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$160,000
Est. payment /mo
4 Baths
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261039214
HOA Y/N true
Year Built 1919
Annual Tax Amount $1,497
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 35X139
Source Realcomp
Property Description
Exceptional redevelopment opportunity in Detroit's rapidly revitalizing North End/Boston-Edison area. This brick multi-family property offers tremendous upside for investors, builders, and developers looking to bring a project across the finish line.Much of the heavy lifting has already been completed. The property has been taken down to the studs, providing a clean slate for your vision while eliminating much of the demolition work and uncertainty often associated with renovation projects. Approved architectural plans are already in place and have been reviewed by the City, allowing the next owner to move forward with confidence.Situated on a desirable residential block surrounded by ongoing investment and redevelopment, this property offers the opportunity to create a four unit multi configuration or a large single family residence while preserving the character and charm of the original brick structure.Whether you're looking to add to your investment portfolio, complete a value-add project, or capitalize on Detroit's continued growth, this property presents an exciting opportunity with significant potential. Seller has already started the process and is offering the property as-is, creating an opportunity for the next owner to take over and bring the project to completion.Conveniently located near Boston-Edison, major thoroughfares, downtown Detroit, restaurants, shopping, and neighborhood amenities.Bring your vision and unlock the potential of this promising Detroit investment opportunity.
Location
State MI
County Wayne
Zoning Residential
Direction S Chicago Blvd, W Rosa Parks Blvd
Interior
Heating Forced Air
Cooling Central Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Lot Description Sidewalk
Water Public
Structure Type Brick,Vinyl Siding
Schools
School District Detroit
Others
Tax ID W08I002720S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by EXP Realty The Perna Team
Nearby School & Business
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Nick Schweihofer
Team Leader, Broker | License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!Gordon L
- Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!Emily Rzeszutko
- Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!Kayla Kocal
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