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Jasmine Sheffield

jasmine@jasminesheffield.com +1(734) 624-7562

$ 325,000

Est. payment | -/mo

22 Baths

11,878 SqFt

Save

$ 325,000

Est. payment | -/mo

Save

22 Baths

11,878 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 11,878 sqft

Price per Sqft $27

Subdivision Mc Quades Dexter Blvd

MLS Listing ID 20261047364

Style Upper/Lower Apartment

Full Baths 22

Year Built 1926

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type MultiFamily

Property Description

Exceptional value-add multifamily opportunity in Detroit's Highly Desirable Boston-Edison neighborhood. This 11,876 sq. ft. building sits on a 0.23-acre lot and is configured for 16 residential units, including six 2-bedroom units, seven 1-bedroom units, and three studio apartments, plus dedicated basement maintenance quarters. Significant improvements have already been completed, including a newer roof, dry basement, and recently scoped sewer lines. The property has been taken down to the studs and includes Detroit City- approved, stamped architectural plans, providing a streamlined path toward redevelopment and completion. Investors may follow the approved plans or customize the project to suit their own vision. Located in one of Detroit's most Historic and sought-after neighborhoods, this property presents a rare opportunity to redevelop a substantial multifamily asset with considerable upside. Ideal for investors, developers, or owner-operators seeking a value-added project with extensive pre-development work already in place.

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Unfinished

Interior

Heating Forced Air, Other Heating Source

Fireplace No

Exterior

Pool None

Community Features Sidewalks

View Y/N No

Garage false

Building

Foundation Basement, Poured

Sewer Public Sewer, Sewer At Street

Water Public, WateratStreet

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

Listed by Michael Heiwig of Signature Sotheby's International Realty Bham

NEARBY SCHOOL & BUSINESS

+1(734) 624-7562

jasmine@jasminesheffield.com

42949 W Seven Mile Rd, Northville, MI 48167, United States

3760 W Chicago Detroit, MI 48206