For Sale Active

1415 Glynn Crt Map / directions

Detroit, MI

48206

$2,825,000

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  • MLS# 2200067376
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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

1415 Glynn Court is a 4 story multi-family building made up of 51 units and contains a well-balanced unit mix of (9) Studio units, (33) 1 Bedroom units, and (9) 2 Bedroom units. The units have maintained many historic details such as original hardwood floors, archways connecting rooms, and original bathrooms that are in line with Detroit's design-driven rental market. This value add opportunity is being offered in a transition stage and current rents do not reflect the potential performance of a redevelopment. Excellent opportunity to upgrade to market tenants and lower operating expenses. Building Hightlights: Ready for Redevelopment, Possibility of Condo Exit Strategy, $49 Price /SF, 28,314 SF Total Land Area. Property tours will begin Thursday, September 3rd from Noon - 2:00 PM

Property Information

Status
Active 
Address
1415 Glynn Crt 
City
Detroit 
Zip
48206 
Year Built
1928 
Subdivision
More Than One Legal Involved 
Listing Date
08/19/2020 
Architecture
4-10 Story 
County
Wayne 
Above Grade SqFt
57,324 
Possession
At Close 
Price/SqFt
49.28 

School Information

School District
Detroit 

Taxes

Summer Taxes
$33,546 
Winter Taxes
$4,015 

Features

Total No. of Units
51 
Current Use
Apartments 
Zoning
Multi-Family, Residential 
Water
Municipal Water 
Sub Property Type
Commercial 
Heating
Natural Gas, Radiant 

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  • Property History
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2200067376 Active Aug 19 2020 12:50PM $2,825,000 73

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

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Listing Courtesy of O'Connor Realty
Office Address 2122 Michigan Ave