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8616 2nd Ave
Detroit, MI 48202
Multifamily Property For Sale
·
31 Units
INVESTMENT HIGHLIGHTS
- Two buildings; 9,337 SF total
- 20-resident assisted living in 158 Pingree
- Tremendous location
- (11) apartment units in 8616 2nd
- New boiler in 158 Pingree
- Contact Broker for additional details
EXECUTIVE SUMMARY
Former assisted living facility and adjacent 11 unit apartment building for sale in Detroit's New Center neighborhood.
PROPERTY FACTS
| Price Per Unit | $17,720 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| No. Units | 31 | Building Size | 9,337 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | B4 | ||
| Price Per Unit | $17,720 CAD |
| Sale Type | Investment |
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 9,337 SF |
| No. Stories | 3 |
| Year Built | 1925 |
| Opportunity Zone |
Yes |
| Zoning | B4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 31 | - | - |
PROPERTY TAXES
| Parcel Number | 02-0012989 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $447,729 CAD |
PROPERTY TAXES
Parcel Number
02-0012989
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$447,729 CAD
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