Description
Here is a superbly located historic 4 unit commercial building in the eastern market on gratiot. this gem features four units that have last been used as apartments. this is a great value add opportunity to add to your existing portfolio. the two units on the second floor a loft style with exposed brick, hardwood floors and great lighting. the two units on the first floor were historically storefronts with the original tin ceilings that were converted to apartments with full basements. you could add your business to the first floor or keep them as apartments. this property has been kept in great condition and is ready for a new buyer to come in and get a great return on their investment. income is projected. property sold as is batvai
Property Type
MultifamilySubdivision
Frasers Sub Of Pt Of Guoin FarmCounty
WayneStyle
Historic,Art DecoAD ID
48420300
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 4.5
- Full Baths: 4
- Half Baths: 2
Interior Features
- Basement Description: Finished
Heating & Cooling
- Heating: Forced Air,Radiant
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1932
- Building Stories: 2 Story
- Total Units: 4
- Foundation/Basement: Basement
- Architecture: Historic,Art Deco
Exterior Features
- Construction: Brick
Utility Features
- Sewer: Sewer at Street
Water
- Water at Street
-
Property / Lot Details
Lot Information
- Lot Size: 0.05
- Dimensions: 44 x 52
Property Information
- SQ ft: 5476
- Subdivision: FRASERS SUB OF PT OF GUOIN FARM
- Financing: Cash,Warranty Deed
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Listing Information
Listing Price Information
- Original List Price: $650,000
Listing Information
- Possession: At Close
- Legal Description: S GRATIOT 7 E 18.82 FT 8 EXC GRATIOT AVE AS WD FRASERS SUB L1 P30 PLATS, W C R 7/18 43.82 X 52
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Taxes / Assessments
Tax Information
- Annual Tax: $2,104
- Parcel Number: 07000779.
Possession
- At Close
Legal Information
- Legal Description: Section: S GRATIOT 7 E 18.82 FT 8 EXC GRATIOT AVE AS WD FRASERS SUB L1 P30 PLATS, W C R 7/18 43.82 X 52
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Road Frontage: Paved
Unit 2 Information
- # of Bedrooms: 2
-
School, Utilities & Location Details
Utility Information
- Water:Water at Street
- Sewer:Sewer at Street
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BuyOwner last updated this listing 01/30/2025 @ 12:52
- MLS: 622558572
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 4 bedrooms which is for sale, it has 5,476 sqft, 0 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Detroit , in zip code 48207, this Wayne County Multifamily , it is in the FRASERS SUB OF PT OF GUOIN FARM Subdivision, and are nearby neighborhoods.