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$1,225,000   Price Analysis
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467 W Alexandrine St
Detroit, MI 48201
15 bed 15 bath 11,008 SqFt ($111/SqFt)
0.24 acre lot. Built 1918
Listed 2024-05-07
Ⓧ USDA Ineligible
due to price & location

near Detroit

Prime location in the heart of midtown downtown Detroit.

Opportunity knocks for this fantastic potential to finish and renovate a multi-family apartment complex. The 3-story invest ment is located in the historic district and is conveniently located near landmarks in downtown Detroit. Central and convenient to lifestyle amenities and entertainment. This complex offers lucrative opportunities. Which consists of 15 units total, each unit consists of 1-bedroom, full bathroom, living room, dining room and a kitchen.

5 of 15 units are occupied. Full parking lot in the rear of the complex. It is a rare opportunity indeed to invest. Property is sold AS IS. Buyer responsible for all City of Detroit Compliance. This property is zoned class SD1 (Mixed Use). Buyer and Buyers agent to confrm zoning and building code guidelines for inspections, permits and city of Detroit compliance. Contact City of Detroit for the ZVL letter to find out the current legal use. Proof of funds and approved buyers only. All data and measurements are approx. Buyers agent to verify all information.


Presented by MARIAM KHALAF at
Sunflower Realty LLC.
Listing Agent Photo

Property MLS #20240029709 from Realcomp

Bedrooms: 15

Total Bathrooms: 15.00
Full Bathrooms: 15

Heating Features: Steam

Basement Description: Unfinished

Frontage Length: 50
Road Frontage Type: Paved
Porch Description: Porch

Lot Size Acres: 0.24
Lot Size Dimensions: 50.00 x 207.00
Lot Size Square Feet: 10454

Number of Units: 15
Number of 1 Bedroom Units: 15

School District: Detroit

Burton International School is a public elementary and middle school located approximately 1 miles away.
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Douglass Academy For Young Men is a public high school located approximately 1 miles away.
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Herlong Cathedral School is a private elementary and middle school located approximately 0.5 miles away.
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Pets Allowed: No

ActivationDate : 2024-05-07
Annual Tax Amount: 4863
Source Listing Status: Active
County: Wayne
Directions: N. Mack Ave / W. Woodward Ave
Source Property Type: Multifamily
Area: Det: Livernois-I75 6-Gd River
Source Neighborhood: SUB OF PT CASS FARM (ALSO P 176-7 PLATS)
Ownership Type: Short Sale - No, Private Owned
Parcel Number: W02I000840S
Postal Code Plus 4: 1752
Subdivision: SUB OF PT CASS FARM (ALSO P 176-7 PLATS)
Zoning: Multi-Family, Residential
Source System Name: C2C

Listed 2024-05-07
$1,225,000
Realcomp

Total Square Feet Living: 11008
Year Built: 1918
Construction Materials: Brick
Foundation Details: Basement
Property Age: 106
Levels or Stories: 3 Story
House Style: 3 Story
Total Area Sqft: 11008
Total Below Grade Area: 9583
Architectural Style: Upper/Lower Apartment

Sewer: Public Sewer (Sewer-Sanitary)
Water Source: Public (Municipal)
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.