Large investment home for sale

Special Purpose for Sale
Catylist Listing ID: 30835427
Property Subtypes: Senior Housing
Building Size (RSF): 2,884 SF
Sale Price: $450,000
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2023

Overview / Comments

Remarks: Welcome to Downtown Detroit investment! Large 10 bedroom, 4 full bathrooms, 2 half bath. home currently being used as an adult foster care home. Surrounded by other vibrant businesses in an area that is currently being developed. Opportunities are endless. Motivated seller. 24 hour notice to show. All showings by licensed real estate agent

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Tax ID/APN: 15008064
Property Located Between: Vernor and Kercheval
Property Visibility: Fair
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1912
Construction/Siding: Brick
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: commericial
Lot Depth: 146
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: owned
Legal Description: W E GRAND BLVD 6 F F PALMS SUB L25 P13 PLATS, W C R 15/107 E 146.30 FT OF N 25.06 FT 25 J B MC KAYS SUB L333 P304 DEEDS, W C R 15/152 80.06 X 146.30

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,789 98,917 296,732
Median Age: 43.82 38.64 35.73
Households: 7,418 43,653 115,766


Photograph of Listing Agent

Eugene Kelley

Real Estate One
CPIX Member
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