Exceptional redevelopment opportunity in Detroit's rapidly revitalizing North End/Boston-Edison area. This brick multi-family property offers tremendous upside for investors, builders, and developers looking to bring a project across the finish line. Much of the heavy lifting has already been completed. The property has been taken down to the studs, providing a clean slate for your vision while eliminating much of the demolition work and uncertainty often associated with renovation projects. Approved architectural plans are already in place and have been reviewed by the City, allowing the next owner to move forward with confidence. Situated on a desirable residential block surrounded by ongoing investment and redevelopment, this property offers the opportunity to create a four unit multi configuration or a large single family residence while preserving the character and charm of the original brick structure. Whether you're looking to add to your investment portfolio, complete a value-add project, or capitalize on Detroit's continued growth, this property presents an exciting opportunity with significant potential. Seller has already started the process and is offering the property as-is, creating an opportunity for the next owner to take over and bring the project to completion. Conveniently located near Boston-Edison, major thoroughfares, downtown Detroit, restaurants, shopping, and neighborhood amenities. Bring your vision and unlock the potential of this promising Detroit investment opportunity.
| MLS # | 60997185 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1919 |
| Days On Site | 137 |
| Listing Provided By | EXP Realty The Perna Team | Michael Perna |
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 3,010 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | Residential |
| Acreage | 0.11 |
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Interior Features | Cable/Internet Avail., DSL Available |
| Appliances | Gas Water Heater |
| Construction Materials | Brick, Vinyl Siding |
|---|---|
| Foundation Details | Basement |
| List Aor | Real Comp |
|---|
| Property | 1497 |
|---|
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48206 |
| Area | Detroit (82001) |
| Community Name | Joy Farm Sub |
| Listing VS Median (in Joy Farm Sub) | |
Price: $149,900 low | high Med: $242,450 sqft: 3,010 low | high Med: 2,217 $ / sqft: $50 low | high Med: $119 On site: 137 low | high Med: 67 | |
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48206 |
| Area | Detroit (82001) |
| Community Name | Joy Farm Sub |
| Listing VS Median (in Joy Farm Sub) | |
Price: $149,900 low | high Med: $242,450 sqft: 3,010 low | high Med: 2,217 $ / sqft: $50 low | high Med: $119 On site: 137 low | high Med: 67 | |