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2623 COCHRANE Street Detroit, MI $ 1,575,000
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2623 COCHRANE Street
$ 1,575,000
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2623 COCHRANE Street

Detroit, MI, 48216
$ 1,575,000
Baths10.0 Sq 1,100

Monthly Estimate*

$ 11,002

​
Studio

Multi-Family Home for sale in Detroit, MI

for $1,575,000 with 10 full baths. This 1,100 square foot home was built in 2023 on a lot size of 0.07.

Fantastic Investment Opportunity in North Corktown! This newly constructed 6-unit apartment complex is ideally situated just minutes from Ford Central Station, top-notch dining, shopping, and the vibrant heart of downtown Detroit. These two separate 3-unit buildings are perfectly suited for lucrative short-term rental opportunities. Each unit is thoughtfully designed with contemporary finishes, ensuring tenant satisfaction and maximizing rental income. The proximity to Ford Central Station and downtown Detroit ensures a constant stream of potential tenants, whether they be business travelers, tourists, or city dwellers looking for convenience and style.North Corktown is a burgeoning neighborhood with a unique blend of historic charm and revitalization. This presents a remarkable opportunity for long-term appreciation in property value, making it a smart addition to any investment portfolio.

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Multi-Family Active

Price

$ 1,575,000

Bedrooms

Studio

Full Bath

10

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Lot Size

0.07

Year Built

2023

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60281469
Features
General
Heating Forced Air
Possession At Close
Water Public Water at Street
Status Active Active
Full Baths 10
Half Baths 0
Bathrooms 10
Year Built 2023
Subdivision PLAT OF PC 27 LOGNON FARM (PLATS) MI
Style Contemporary
County Wayne
Class MULTIFAMILY
Type Multi-Family
Percent Ownership Private
Municipality Detroit
Zoning Multi-Family
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions Service Drive to Cochrane. North on Cochrane just past Pine Street on West Side of Street.
City Detroit
School District Detroit City School District
Street Name COCHRANE
Financial Terms Cash Conventional
Legal Description W COCHRANE 212 PLAT OF LOGNON FARM L2 P5 PLATS W C R 8/29 31 X 100
DOM 106
Postal Code 48216
Price Per Sq Ft 1431.82
Coming Soon Fantastic Investment Opportunity in North Corktown! This newly constructed 6-unit apartment complex is ideally situated just minutes from Ford Central Station top-notch dining shopping
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Exterior
Exterior Vinyl Siding
Frontage 31
Lot Size Area 0.07
Lot Dimensions 31 x 100
Roads Paved Street
Waterfront Y/N No
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Interior
Fireplace? No
Total Number of Units 6
Fuel Type Natural Gas
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* Excluded Features
List By
Kevin Hill

Listing Agent

@Properties Christie's Int'l Re Northville

Broker

Kevin@thedetroitrealtor.com

Email

Affordability Calculator

$11,002
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,002
Monthly Property Taxes
--
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/8/2024$1,575,000 Listed Price

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2623 COCHRANE Street, Detroit, MI, 48216 is a Multi-Family Home for sale at $1,575,000 with 1,100 sqft and a lot size of 0.07. 2623 COCHRANE Street is a studio with 10.0 baths and was built in 2023. The property's zip code is 48216 which is in Detroit, MI

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