Exceptional multi-family redevelopment opportunity with strong fundamentals and prime location! This property features 22 residential units with ground-floor retail/office space, offering a dynamic mixed-use layout perfect for investors or developers. Positioned adjacent to the Russell Woods residential neighborhood, this site benefits from immediate highway access and public transportation, ensuring convenience for residents and tenants alike. The building is in good overall condition with a durable EPDM membrane roof and neighboring retail and market amenities that support long-term tenant demand. Whether repositioned for stabilized income or reimagined for future growth, this property delivers outstanding potential in one of Detroit’s most accessible and evolving
General Information
Sale Price: $900,000
Price/SqFt: $45
Status: Active
MLS#: rcomi20261004854
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.24
Lot Dimensions: 100X105.96
Size: 20,068 sq.ft.
Acreage: 0.24 est.
Year Built: 1925
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $17,177 Est. Winter Taxes: $614
