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
Baths0.0 Sq 11,008

Monthly Estimate*

$ 8,142

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

Commercial Property for sale in Detroit, MI

for $1,225,000. This 11,008 square foot building was built 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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Commercial Active

Price

$ 1,225,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,863

Style

Commercial/Industrial

Lot Size

0.24

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60306007

Features
General
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision SUB OF PT CASS FARM (ALSO P 176-7 PLATS) MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Private
Municipality Detroit
Zoning Multi-Family
Area Detroit (82001)
Primary City Detroit
Directions N. Mack Ave / W. Woodward Ave
City Detroit
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 22
Postal Code 48201
Price Per Sq Ft Total 111.28
Coming Soon
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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

$8,547
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,142
Monthly Property Taxes
$405
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
760529 Elementary School
760235 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 Commercial Property 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 0.0 baths. The property's zip code is 48201 which is in Detroit, MI