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Sale
Detroit
Wayne County, Michigan
Property Details
Multi-Family Home|13|22
Total Area (undefined)
11,878
Ref No.
KYTVHY
$ 325,000

DIFC Showroom
Detroit
Exceptional value-add multifamily opportunity in Detroit’s Highly Desirable Boston-Edison neighborhood. This 11,876 sq. ft. building sits on a 0.23-acre lot and is configured for 16 residential units, including six 2-bedroom units, seven 1-bedroom units, and three studio apartments, plus dedicated basement maintenance quarters. Significant improvements have already been completed, including a newer roof, dry basement, and recently scoped sewer lines. The property has been taken down to the studs and includes Detroit City- approved, stamped architectural plans, providing a streamlined path toward redevelopment and completion. Investors may follow the approved plans or customize the project to suit their own vision. Located in one of Detroit’s most Historic and sought-after neighborhoods, this property presents a rare opportunity to redevelop a substantial multifamily asset with considerable upside. Ideal for investors, developers, or owner-operators seeking a value-added project with extensive pre-development work already in place. SOLD AS IS.
Features & Amenities
Disclaimer: Please note that all sizes listed are approximate and based on documentation provided at the time of listing the property. Exact unit/plot sizes may vary from what is presented above.
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DIFC Showroom
Listed Office
Dubai Sotheby's International Realty
EMAAR Business Park, Building 4, Office G-05,Sheikh Zayed Rd. Dubai, United Arab Emirates