677 SELDEN Street Detroit, MI ^$ 8,600,000

677 SELDEN Street

^$ 8,600,000

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677 SELDEN Street

Detroit, MI, 48201

^$ 8,600,000

Studio Baths21.0 Sq 30,000

Monthly Estimate*

^$ 60,074

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Studio

Multi-Family Home for sale in Detroit, MI

for $8,600,000 with 21 full baths. This 30,000 square foot home was built in 1919 on a lot size of 0.28.

The Commodore is a remarkable historic building positioned in the heart of the prestigious Willis-Selden Historic District, Midtown. With its distinct architecture and exquisite features, this iconic structure presents numerous possibilities for development, such as transforming it into first-class condominiums or luxurious high-end apartments. Step inside to discover the grandeur of high ceilings and original wood flooring that exude a sense of timeless elegance. Secure a coveted piece of history and indulge in the boundless prospects offered by The Commodore. Private parking is rare in Midtown and surrounding areas, but not for The Commodore! The sale includes a private 8,000 SF Parking Lot with 20 spaces. Survey and Floor plans are available. Please do not approach building or tenants.

Multi-Family Active

Price

^$ 8,600,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 15,277

Style

Lot Size

0.28

Year Built

1919

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60296370

Features

General

Heating Radiant

Possession Negotiable (Possession)

Water Public Water at Street

Status Active Active

Full Baths 21

Half Baths 0

Bathrooms 21

Year Built 1919

Parking Lighted

Subdivision CASS FARM (ALSO P176-7 PLATS) MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Area Detroit (82001)

Primary City Detroit

Directions 3rd & Selden

City Detroit

School District Detroit City School District

Street Name SELDEN

Financial Terms Cash

Legal Description S SELDEN 9 BLK 92 AND HALF VAC ALLEY ADJ ADN AND VAC SELDEN ADJ CASS FARM SUB L1 P175-7 PLATS W C R 4/34 60 X 200

DOM 27

Postal Code 48201

Price Per Sq Ft 286.67

Coming Soon The Commodore is a remarkable historic building positioned in the heart of the prestigious Willis-Selden Historic District Midtown. With its distinct architecture and exquisite features

Interior

Basement Block Partially Finished

Fireplace? No

Total Number of Units 14

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 200

Lot Size Area 0.28

Lot Dimensions 60.00 x 200.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Colette Hughes

Listing Agent

Virtual Real Estate Services Llc

Broker

colettehughesbroker@gmail.com

Affordability Calculator

$61,347

Per Month

Monthly Principal & Interest: $60,074
Monthly Property Taxes: $1,273
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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!

Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$214,627

Percent of Sale Price 98%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/27/2024	$8,600,000		Listed Price

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677 SELDEN Street, Detroit, MI, 48201 is a Multi-Family Home for sale at $8,600,000 with 30,000 sqft and a lot size of 0.28. 677 SELDEN Street is a studio with 21.0 baths and was built in 1919. The property's zip code is 48201 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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677 SELDEN Street

Multi-Family Home for sale in Detroit, MI

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