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1450 6TH Street

Detroit, MI 48226
  • $1,899,000
  • STATUS: Active
  • ON SITE: 201 Days
  • MLS #: 20230059869
UPDATED: 43 min ago
$1,899,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 7,500
    SQFT
  • $253
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1906
County:
Zoning:
Commercial,Residential
Lot Size Dimensions:
irregular

School Ratings & Info

School District:

Description

The Definitive Corktown Collection: a group of properties of various architectural styles exemplary of Corktown, in the heart of the neighborhood, and adjacent to the central business district and Riverfront. A developers opportunity for immediate cashflow, reactivation of the vacant structures, and vacant land for redevelopment. This site is in an Opportunity Zone and Neighborhood Enterprise Zone (New/Rehab). The package is made of four separate pieces: 1) Triangle-shaped vacant land to the north + vacated Labrosse St from 6th to Lodge; 2) 1450 Sixth, a brick 4-unit, occupied, newer roof and boiler, additional space in basement for one or two additional units; 3) the House Next Door, at 1440 Sixth, a rare example of Greek Revival architecture, needing complete renovation and stabilization; 4) the Workers Row House at 1430 Sixth, originally a 3-unit tenement house, with roof, structure and exterior fully stabilized; There is additional land behind this structure that could be a great location for additional residential or carriage house. This location is walkable to the restaurants lining Michigan Avenue and one mile to Fords Michigan Central Innovation District. Most of the offering is combined under tax ID 06004564-743, except 1430 6th the Workers Rowhouse, which is tax ID 06004563. The properties are part of the Corktown historic district. The zoning is B6, General Services District, which allows residential, commercial and mixed use purposes. The parcels are also part of a Neighborhood Enterprise Zone (NEZ) "New-Rehab" district, which offers frozen taxable value for end users.

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IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-04T19:01:10.017.
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1450 6TH Street Detroit, MI 48226

  • Price: $1,899,000
  • Status: Active
  • On Site: 201 Days
  • Updated: 43 min ago
  • MLS #: 20230059869
0
Beds
8
Baths
0
½ Baths
0.42
Acres
7,500
SQFT
$253
$/SQFT
1906
Built
Neighborhood:
Labrosse Farm (Deeds)
County:
Wayne
Area:
Det South Of Grand River
School District:
DETROIT
Property Description
The Definitive Corktown Collection: a group of properties of various architectural styles exemplary of Corktown, in the heart of the neighborhood, and adjacent to the central business district and Riverfront. A developers opportunity for immediate cashflow, reactivation of the vacant structures, and vacant land for redevelopment. This site is in an Opportunity Zone and Neighborhood Enterprise Zone (New/Rehab). The package is made of four separate pieces: 1) Triangle-shaped vacant land to the north + vacated Labrosse St from 6th to Lodge; 2) 1450 Sixth, a brick 4-unit, occupied, newer roof and boiler, additional space in basement for one or two additional units; 3) the House Next Door, at 1440 Sixth, a rare example of Greek Revival architecture, needing complete renovation and stabilization; 4) the Workers Row House at 1430 Sixth, originally a 3-unit tenement house, with roof, structure and exterior fully stabilized; There is additional land behind this structure that could be a great location for additional residential or carriage house. This location is walkable to the restaurants lining Michigan Avenue and one mile to Fords Michigan Central Innovation District. Most of the offering is combined under tax ID 06004564-743, except 1430 6th the Workers Rowhouse, which is tax ID 06004563. The properties are part of the Corktown historic district. The zoning is B6, General Services District, which allows residential, commercial and mixed use purposes. The parcels are also part of a Neighborhood Enterprise Zone (NEZ) "New-Rehab" district, which offers frozen taxable value for end users.
Exterior Features

Architecture Level 2 Story Architecture Style HistoricQuadruplexTriplex Construction Materials BrickWood Foundation Details Basement Foundation Materials Brick/Mortar Lot Size Dimensions irregular Multifamily Parking On StreetUnassigned/General Parking Total 8 Pool YN No Road Frontage Feet 0 Road Frontage Type Paved Roof Material White Roof Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 8.00 Fireplace YN No Heating Hot Water Heating Fuel Natural Gas Interior Features Laundry Facility Laundry Facilities YN Yes Living Area Source Estimated Sq Ft Combined 7500 Sq Ft Total Basement 2000 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 3 Unit Three Bed Number Of 1 Unit Two Bed Number Of 2 Water Heater Fuel Natural Gas

Property Features

Assessment 0.00 Existing Lease YN Yes Gross Scheduled Income 158400.00 Income Projection Projected Inventory List YN No Land Contract YN No Listing Financing CashConventionalWarranty Deed Monthly Rental Income 13200 Number Of Units Leased 2 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN Yes Pets Allowed Yes Postal City Detroit Protection Period 3 Months Rent Includes HeatWater/SewerSnow RemovalTrash Collection (Garbage Pickup)WaterYard Maintenance Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 153.0000 Tax Amount Winter 24.0000 Title Standard (Private) Total Tax 177.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 1450 6TH Street Water Source Public (Municipal) Zoning CommercialResidential

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Berkshire Hathaway HomeServices The Loft Warehouse: (313) 658-6400 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-04T19:01:10.017.
 
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