This full brick apartment building has 44 units, with 19 parking spots included in the sale. Right in the heart of new center area, right off of Woodward Ave. Lots of infrastructure upgrades including new roof, plumbing, electrical, HVAC units, drywalling, Insulation to name a few have been done. Details of what is left can be provided with current contracts in place. This project is ready for the finishing episode. 19 Parking places available. Mostly all the contracts are in place, will need a new GC. Opportunity zone. 25-30% OWNER FINANCING AVAILABLE.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1923
Stories: 4
Living Area: 6,620 SqFt
Listing Office:
Office Name: Motown Property Management Inc
Office Phone: (734) 341-5900
Listing Agent: Fahad Sultan
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 44
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.24 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: Woodward and Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $3,375,000
Price Per SqFt: $510/SqFt
Tax Information:
Annual Amount: $1,251
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $3.2M more than the Median Sold Price and $440/SqFt more than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20221050867
Listing Office:
Office Name: Motown Property Management Inc
Office Phone: (734) 341-5900
Listing Agent: Fahad Sultan
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
University Preparatory Academy (Psad) Elementary School
435 Amsterdam St
Distance between this listing and this school0.89 miles
Public Charter Grades KG-5
5
/10
Henry Ford Academy:School For Creative Studies-Ele
10225 3rd St
Distance between this listing and this school0.96 miles
Public Charter Grades KG-5
3
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school1.13 miles
Public Charter Grades KG-5
Nearby Schools
7
/10
New Paradigm Loving Academy
1000 Lynn St
Distance between this listing and this school0.92 miles
Public Charter Grades KG-8
6
/10
Hanley International Academy
2400 Denton St
Distance between this listing and this school1.35 miles
Public Charter Grades PK-8
4
/10
Holbrook School
2361 Alice St
Distance between this listing and this school1.35 miles
Public District Grades KG-8
Nearby Schools
2
/10
Henry Ford Academy: School for Creative Studies (PSAD)
485 W Milwaukee St
Distance between this listing and this school0.71 miles
Public Charter Grades 6-12
3
/10
University Preparatory Academy (Psad)-High School
600 Antoinette St
Distance between this listing and this school1.08 miles
Public Charter Grades 9-12
5
/10
Oakland International Academy - High School
2622 Florian St
Distance between this listing and this school1.42 miles
The neighbors living near this home have an average income of $25,000. Typical income of Detroit, MI residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
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This home is located at 30 E Philadelphia St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This 6,620 square foot home, which was built in 1923, sits on a 0.24 acre lot. Features: 44 bathrooms. It has been listed on Rocket Homes since October 11, 2022 and is currently priced at $3,375,000.
In March 2024 more than 94 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 224 were sold below. The number of listings in Detroit, MI increased by 10.7% between February 2024 and March 2024. The median list price of listings available in March 2024 was $80,163, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.