467 W ALEXANDRINE Street Detroit, MI $ 1,225,000
467 W ALEXANDRINE Street
$ 1,225,000
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467 W ALEXANDRINE Street

Detroit, MI, 48201
$ 1,225,000
Baths15.0 Sq 11,008

Monthly Estimate*

$ 8,557

467 W ALEXANDRINE Street, Detroit, MI 48201 - Image 1
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467 W ALEXANDRINE Street, Detroit, MI 48201 - Image 13
Studio

Multi-Family Home for sale in Detroit, MI

for $1,225,000 with 15 full baths. This 11,008 square foot home was built in 1918 on a lot size of 0.24.

Prime location in the heart of midtown downtown Detroit. Opportunity knocks for this great potential to finish and renovate a multi-family apartment complex. The 3-story investment is located in the historic district and is conveniently located near landmarks in downtown Detroit. Central and convenient to lifestyle amenities and entertainment. This complex offers lucrative opportunities. Which consists of 15 units total, each unit consists of 1-bedroom, full bathroom, living room, dining room and a kitchen. 5 of 15 units have been rehabbed with appliances. Full parking lot in the rear of the complex. It is a rare opportunity indeed to invest. Property is sold AS IS. Buyer responsible for all City of Detroit Compliance. This property is zoned class SD1 (Mixed Use). Buyer and Buyers agent to confirm zoning and building code guidelines for inspections, permits, and city of Detroit compliance. Contact City of Detroit for the ZVL letter to find out the current legal use. Proof of funds and approved buyers only. All data and measurements are approx. Buyer’s agent to verify all information.

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Multi-Family Active

Price

$ 1,225,000

Bedrooms

Studio

Full Bath

15

Property Type

Multi-Family

Taxes

$ 4,863

Style

Lot Size

0.24

Year Built

1918

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60305922

Features
General
Heating Other-See Remarks Steam
Cooling Other
Possession At Close
Exterior Features Porch
Water Public Water
Status Active Active
Full Baths 15
Half Baths 0
Bathrooms 15
Year Built 1918
Subdivision SUB OF PT CASS FARM (ALSO P 176-7 PLATS) MI
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 0
Percent Ownership Private
Municipality Detroit
Area Detroit (82001)
Primary City Detroit
Directions N. Mack Ave / W. Woodward Ave
City Detroit
School District Detroit City School District
Street Name ALEXANDRINE
Financial Terms Cash Conventional
Legal Description S ALEXANDRINE W W 49.5 FT 12 BLK 93 AND VAC ALEXANDRINE ADJ--SUB PT CASS FARM L1 P175-7 PLATS W C R 2/103 49.5 X 207
DOM 8
Postal Code 48201
Price Per Sq Ft 111.28
Coming Soon
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Interior
Basement Poured
Fireplace? No
Total Number of Units 15
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Exterior
Exterior Brick
Frontage 50
Lot Size Area 0.24
Lot Dimensions 50.00 x 207.00
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Mariam Khalaf

Listing Agent

Sunflower Realty Llc

Broker

mariamsestate@aol.com

Email

Affordability Calculator

$8,962
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,557
Monthly Property Taxes
$405
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$1,225,000 Listed Price

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467 W ALEXANDRINE Street, Detroit, MI, 48201 is a Multi-Family Home for sale at $1,225,000 with 11,008 sqft and a lot size of 0.24. 467 W ALEXANDRINE Street is a studio with 15.0 baths and was built in 1918. The property's zip code is 48201 which is in Detroit, MI