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30 E Philadelphia Street

Detroit, MI 48202
  • $3,375,000
  • STATUS: Active
  • ON SITE: 509 Days
  • MLS #: 20221050867
UPDATED: 80 min ago
$3,375,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 44
    BATHS
  • 0
    1/2 BATHS
  • 6,620
    SQFT
  • $510
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Zoning:
Multi-Family
Lot Size Dimensions:
135.00 x 78.00

School Ratings & Info

School District:

Description

This full brick apartment building has 44 units, with 19 parking spots included in the sale. Right in the heart of new center area, right off of Woodward Ave. Lots of infrastructure upgrades including new roof, plumbing, electrical, HVAC units, drywalling, Insulation to name a few have been done. Details of what is left can be provided with current contracts in place. This project is ready for the finishing episode. 19 Parking places available. Mostly all the contracts are in place, will need a new GC. Opportunity zone. 25-30% OWNER FINANCING AVAILABLE.

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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: 2024-03-03T23:57:11.89.
www.real5.com/homes/133833437
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30 E Philadelphia Street Detroit, MI 48202

  • Price: $3,375,000
  • Status: Active
  • On Site: 509 Days
  • Updated: 80 min ago
  • MLS #: 20221050867
0
Beds
44
Baths
0
½ Baths
0.24
Acres
6,620
SQFT
$510
$/SQFT
1923
Built
Neighborhood:
Hubbards Bela
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
This full brick apartment building has 44 units, with 19 parking spots included in the sale. Right in the heart of new center area, right off of Woodward Ave. Lots of infrastructure upgrades including new roof, plumbing, electrical, HVAC units, drywalling, Insulation to name a few have been done. Details of what is left can be provided with current contracts in place. This project is ready for the finishing episode. 19 Parking places available. Mostly all the contracts are in place, will need a new GC. Opportunity zone. 25-30% OWNER FINANCING AVAILABLE.
Exterior Features

Architecture Level 4-10 Story Architecture Style Traditional Construction Materials Brick Foundation Details Basement Foundation Materials Brick/Mortar Lot Size Dimensions 135.00 x 78.00 Parking Total 19 Pool YN No Road Frontage Feet 135 Road Frontage Type Paved Side Of Street E Waterfront YN No

Interior Features

Basement Type UnfinishedWalkout Access Basement YN Yes Baths Total 44.00 Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Living Area Source Estimated Sq Ft Combined 6620 Sq Ft Total Basement 6655 Unit Efficiency Number Of 16 Unit Four Bed Number Of 0 Unit One Bed Number Of 24 Unit Three Bed Number Of 0 Unit Two Bed Number Of 4

Property Features

Assessment 100.00 Existing Lease YN No Gross Scheduled Income 633600.00 Homestead YN No Income Projection Projected Land Contract YN No Listing Financing CashConventional Monthly Rental Income 52800 Number Of Units Leased 0 Ownership Status Broker/Agent OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed Call Postal City Detroit Protection Period 90 Settlement City Sewer Sewer at Street Short Sale No Tax Amount Summer 2035.0000 Tax Amount Winter 235.0000 Title Agent Owned (Broker/Agent) Total Tax 2270.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 30 E PHILADELPHIA Street Water Source Water at Street Year Remodeled 2021 Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Motown Property Management Inc: (734) 341-5900 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: 2024-03-03T23:57:11.89.
 
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