$1,225,000 Price Analysis 467 W Alexandrine StDetroit, 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 |
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.
Property MLS #20240029709 from Realcomp
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.