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 Property Type Commercial
 Parcel # W04I000685C8
 County Wayne
 Sold Price $1,550,000
 Sold Date 07/09/2024
 Close Date 07/09/2024 12:00 AM
MLS Public Remarks  38-Unit Apartment Building For Sale In Heart Of Detroit's Midtown Neighborhood Built in 2001, 26 1-bed & 12 2-bed. Units Individually Metered, Landlord Pays Water, Common Area Heat & Electric. PILOT In Place For Property Tax. Ideal For LIHTC Developers. Subject To The Affordable Housing Restrictions & Regulatory Agreement, This Building Is Perfect For Re-Syndication And An Ideal Candidate For The Millions Set Aside In The Detroit Affordable Housing Development & Preservation Fund. Owned And Operated By People United As One (PUAO), A Non-profit Organization Located In Detroit. PUAO Was Started By Homeless And Formerly Homeless People In July 1991. Its Mission Is To Uplift The Working Poor Through Counseling, Community Activism, And Economic Development. Their Programs Have Afforded Homeless Individuals The Opportunity To Obtain Basic Living Skills Training, Financial Assistance, Life Management Skills, Social And Psychological Counseling & Support Services. Pre-Qualified Showings Only
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Phone: 248-304-6700
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Customer Care
  • Township  Detroit
  • Directions  North Side of ML King Jr. Blvd, East of 2nd St.
  • Fin Below Grd SqFt  0
  • Total Fin SqFt  32,896
  • Price/SqFt  $97
  • Current Use  Apartment Building
  • Unfinished SqFt  0
  • Above Grade Finished SqFt  32,896
  • CDOM  964
  • Comm. Office Space  850
  • Sub Property Type  Commercial
  • Year Built  2001
  • Days on Market  964
  • Land Assessment  $850
  • Improvements  $3199000
  • Net Taxes  $100
  • Acreage  -
  • Taxes  -
  • Tax Year  -
  • Summer Taxes  $100
  • School District  Detroit
  • Winter Taxes  -
  • Lower Level Square Footage  0
  • Waterview  N
  • Waterfront  N
  • For Lease/Rent  N
  • Est. Total Acres  0.0
  • Lot Dimensions  150 x 190
  • WaterFrontage   0
  • Heating  Baseboard, Electric, Natural Gas
  • Water  Public (Municipal), Water at Street
  • Zoning  Multi-Family
  • Heating  Baseboard, Electric, Natural Gas
  • Garage  0.0
  • Architecture  4-10 Story
  • Sewer  Public Sewer (Sewer-Sanitary), Sewer at Street
  • Possession  Subject To Tena
  • Exterior Materials  Aluminum, Block/Concrete/Masonry, Other
  • Status Change Date  07/09/2024
  • Listing Date  11/18/2021
  • Internet/IDX  Y
  • Pending Date  11/29/2023
  • Listing Office   Own It Realty
  • Office Address   19855 Outer Dr Ste 310
  • Listing Number   2220012338

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