$315,000
$325,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
21 Beds
23,904 SqFt
SOLD DATE : 08/22/2022
Key Details
Sold Price $315,000
Property Type Commercial
Sub Type Apartments,Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 23,904 sqft
Price per Sqft $13
Subdivision Dexter Boulevard Heights (Plats)
MLS Listing ID 2220043555
Sold Date 08/22/22
Bedrooms 21
Originating Board Realcomp II Ltd
Year Built 1926
Annual Tax Amount $7,859
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 90.00X107.00
Property Description
The Shelbourne is a 1926 build that is a 21-unit vacant redevelopment opportunity, with (12) one-bedroom, one-bathroom units and (9) two bedroom, one-bathroom units. The building still has original hardwood floors and woodwork that can be restored. The building is located in the Petosky-Otsego neighborhood between Boston Edison, N LaSalle, Virginia Park and Russell Woods. The property is in need of a full gut renovation. Great opportunity to rehab, rent and collect residual income.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Direction N of Chicago / E of Dexter
Interior
Heating Radiant
Heat Source Natural Gas
Exterior
Waterfront no
Road Frontage Paved, Pub. Sidewalk
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 3 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I002847S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Full Service
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Bought with EXP Realty LLC
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