Homes for sale - 12170 DEXTER Avenue, Detroit, MI 48206 1012

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Tanisha Perona

tanisha@rwgrealty.com +1(401) 484-0130

$ 495,000

Est. payment | -/mo

33 Baths

37,143 SqFt

Save

$ 495,000

Est. payment | -/mo

Save

33 Baths

37,143 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 37,143 sqft

Price per Sqft $13

Subdivision Mi

MLS Listing ID 60347151

Full Baths 33

Year Built 1926

Annual Tax Amount $20,579

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 80.00 x 120.00

Property Description

Opportunity to restore one of the last large elevator multifamily buildings in Detroit. Historic 33 unit with built out storefronts in the rapidly developing Dexter Corridor. Recently awarded over 30 million in grants this area surrounds Historic Russell Woods and is currently undergoing a massive street scape and infrastructure revitalization. The 27.5 mile Joe Louis Greenway will run through the Dexter Linwood corridor spurring additional retail and mixed use development for years to come. EV Charging stations, new water lines, extensive landscaping and areas for pedestrian walkways and retail currently in progress. Minutes away from New Center, The Fisher, Henry Ford Hospital and Police Headquarters, fifteen minutes from the Downtown Riverfront and Ferndale and Royal Oak to the north. 26 one bedroom apartments, six two bedrooms and a Super's unit on the garden level. This building was built for luxury and elegance with detailed marble and tile work that can be saved. This building is a FULL Rehab but even with moderate finishes and upgrades this building will be highly rentable at market rates, especially recent grads and relocations moving to Detroit for work and priced out of downtown and the suburbs. Here is a chance to make your mark on the city everyone is watching and get established before the area is priced out. BATVAI

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Block, Common, Poured, Stone

Interior

Heating Radiant

Fireplace No

Exterior

Exterior Feature Brick, Stone

Building

Foundation Basement

Water Public Water at Street

Structure Type Brick,Stone

Schools

School District Detroit City School District

Others

Ownership Private

Assessment Amount $100

Energy Description Natural Gas

Financing Cash,Conventional,FHA 203K

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by RE/MAX Leading Edge

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(401) 484-0130

tanisha@rwgrealty.com

East Providence

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