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2933 2Nd Avenue Detroit, MI $ 3,999,999
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$ 3,999,999 Get more info
2933 2Nd Avenue
$ 3,999,999
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2933 2Nd Avenue

Detroit, MI, 48201
$ 3,999,999
Baths2.0 Sq 21,718

Monthly Estimate*

$ 27,941

2933 2Nd Avenue, Detroit, MI 48201 - Image 1
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2933 2Nd Avenue, Detroit, MI 48201 - Image 10
2933 2Nd Avenue, Detroit, MI 48201 - Image 11
2933 2Nd Avenue, Detroit, MI 48201 - Image 12
Studio

Multi-Family Home for sale in Detroit, MI

for $3,999,999 with 2 full baths. This 21,718 square foot home was built in 1924 on a lot size of 0.15.

Ava Pavlina is pleased to present this 25,000 SF, residential zoned re-development opportunity in the heart of Midtown, Detroit! This 4 story, brick building has the potential to become a hostel, apartments, hotel, condos and more! Walking distance to the Masonic Temple, Cass Park, Wayne State University- As well as Downtown Detroit ~ Comerica Park, Ford Field, Little Caesars Arena, Fox Theatre, Motor City Casino, MGM Grand, Detroit Medical Center, Detroit Institute and more! Framed out for 120 bed hostel with potential for a bar/restaurant lounge on the Garden level. Possibility of also holding 52 units as an apartment building. A brand new roof and historically approved windows have already been installed. The city of Detroit has implemented many incentives to encourage and support development in this area of Detroit. This includes tax credits and grants, making it easier and more financially advantageous to bring your vision to life! Needs new electrical and plumbing.

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Multi-Family Active

Price

$ 3,999,999

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 570

Style

Historic

Lot Size

0.15

Year Built

1924

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240001555
Features
General
Sewer 3rd Party Unknown
Heating Other
Possession At Close
Pets Allowed Yes
Zoning Commercial Multi-Family
Pool Y/N 0
Full Baths 2
Half Baths 0
Year Built 1924
Property Type Multifamily
Subdivision Name PT OF CASS FARM SUB BY J F MUNRO SUR
Transaction Type Sale
Basement Type Unfinished Walkout Access
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 104
MLS Area Det: Livernois-I75 6-Gd River
Directions Off of Woodward onto Second ave.
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name 2ND
Homestead 0
Assessment 0.00
Total Sq Ft 21718
DOM 104
Taxes 570.0000
Legal Description W SECOND N 65 FT 18 N 65 FT 17 BLKS 84 CASS FARM L1 P131 PLATS W C R 4/123 65 X 100
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Exterior
Waterfront 0
Lot Size Area 0.15
Water Source None
Foundation Basement
Lot Size Dimensions 65.00 x 100.00
Architecture Level 4-10 Story
Architecture Style Historic
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Interior
Basement Y/N 1
Total Units 52
Fireplace 0
Street Suffix Avenue
Total Baths 2.00
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Ava Pavlina

Listing Agent

Arterra Luxe Collection Llc

Broker

(313) 815-5003

Phone

Affordability Calculator

$27,989
Per Month
100%
0%
0%
Monthly Principal & Interest
$27,941
Monthly Property Taxes
$48
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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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/21/2024$3,999,999 -16.67% Price Down
3/13/2024$4,799,999 -4.00% Price Down
2/8/2024$4,999,999 -5.66% Price Down
1/9/2024$5,299,999 Listed Price

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2933 2Nd Avenue, Detroit, MI, 48201 is a Multi-Family Home for sale at $3,999,999 with 21,718 sqft and a lot size of 0.15. 2933 2Nd Avenue is a studio with 2.0 baths and was built in 1924. The property's zip code is 48201 which is in Detroit, MI

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