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2987 GLADSTONE Street Detroit, MI $ 175,000
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$ 175,000 Get more info
2987 GLADSTONE Street
$ 175,000
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2987 GLADSTONE Street

Detroit, MI, 48206
$ 175,000
Baths34.0 Sq 28,696

Monthly Estimate*

$ 1,092

2987 GLADSTONE Street, Detroit, MI 48206 - Image 1
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2987 GLADSTONE Street, Detroit, MI 48206 - Image 3
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2987 GLADSTONE Street, Detroit, MI 48206 - Image 8
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2987 GLADSTONE Street, Detroit, MI 48206 - Image 12
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2987 GLADSTONE Street, Detroit, MI 48206 - Image 17
Studio

Multi-Family Home for sale in Detroit, MI

for $175,000 with 34 full baths. This 28,696 square foot home was built in 1925 on a lot size of 0.29.

Rare opportunity to own a 34 unit apartment building on Detroit's West Side in the Jamison Neighborhood. Surrounded by Wildemere Park, Boston Edison, Henry Ford Hospital, New Center, etc. Short ride to The Downtown and Midtown area. Features 26 one bed units, 4 two bed units and 4 three bed units. Potential to acquire more lots and land surrounding the building and on the block through the city. BUYER TO SUBMIT DEMO DEFERRAL APPLICATION AFTER CLOSING WITH CITY OF DETROIT.

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Multi-Family Pending

Price

$ 175,000

Bedrooms

Studio

Full Bath

34

Property Type

Multi-Family

Taxes

$ 347

Style

Lot Size

0.29

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240039509
Features
General
Sewer PublicSewer
Heating NaturalGas Radiant
Possession AtClose
Architectural Style Other
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1925
Levels Story4to10
Property Subtype MultiFamily
County Wayne
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name WM HOLMES SUB
Garage Y/N N
Full Baths 34
Status Pending
Directions South of Joy Rd and in-between Dexter and Linwood
City DetroitCity_Wayne
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
Number Of Units Total 34
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 347.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Occupancy Type Vacant
Tax Assessed Value 2858
TaxOtherAnnualAssessmentAmount 100.0
Expected Active Date 2024-06-06
Legal Description S GLADSTONE 175-178 WILLIAM HOLMES SUB L18 P18 PLATS W C R 12/184 120 X 106
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 28696.0
Half Baths 0
Total Baths 34
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Exterior
Water Source Public
Total Parking 0.0
Lot Size Area 0.29
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 120.00 x 106.00
Lot Size Acres 0.29
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2987
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* Excluded Features
List By
Mikhail Grigoryan

Listing Agent

Detroit Progress Realty Llc

Broker

(313) 888-6060

Phone

Affordability Calculator

$1,121
Per Month
97%
3%
0%
Monthly Principal & Interest
$1,092
Monthly Property Taxes
$29
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/6/2024$175,000 Listed Price

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2987 GLADSTONE Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $175,000 with 28,696 sqft and a lot size of 0.29. 2987 GLADSTONE Street is a studio with 34.0 baths and was built in 1925. The property's zip code is 48206 which is in Detroit, MI

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