503 Alger Street Detroit, MI 48202 MLS# 20240007747 Active
MLS# 20240007747
Active
  

$585,000
View On Website
 Property Type Multifamily
 Parcel # W03I002322S
 County Wayne
MLS Public Remarks  If you're searching for an investment property with a value-add opportunity, look no further! This 9-unit apartment building located in the heart of North End, offers lucrative investment opportunities to enhance the value and increase its income potential. The property features 8- 2 BR units & a large studio basement apartment. There are hardwood floors throughout, updated electrical, which is separate for each unit, and updated hot water tank. Annual income is projected. Measurements are approximate. Contact us today to schedule a viewing and explore this incredible investment opportunity.
http://www.www.jjrealtors.com.com/20240007747
AGENT/COMPANY DETAILS  
Customer Care
Phone: 248-304-6700
[email protected]
www.www.jjrealtors.com.com/20240007747
Customer Care
LOCATION  
  • Township  Detroit
  • Directions  Alger and Beaubian
  • HOUSE DESCRIPTION  
  • Fin Below Grd SqFt  4,000
  • Total Fin SqFt  11,588
  • Price/SqFt  $77
  • Unfinished SqFt  0
  • Above Grade Finished SqFt  7,588
  • CDOM  94
  • Sub Property Type  Multifamily
  • Year Built  1918
  • Days on Market  94
  • ASSESSMENT/SCHOOLS   
  • Land Assessment  -
  • Improvements  $720000
  • Net Taxes  $1772
  • Acreage  0.18
  • Taxes  -
  • Tax Year  -
  • Summer Taxes  $1772
  • School District  Detroit
  • Winter Taxes  -
  • LOT DESCRIPTION  
  • Subdivision  Beamer & Fraers Sub (plats)
  • Lower Level Square Footage  4,000
  • Waterview  N
  • Number of Units  9
  • Waterfront  N
  • For Lease/Rent  N
  • Est. Total Acres  0.18
  • Lot Dimensions  70 x 113
  • WaterFrontage   0
  • INTERIOR FEATURES  
  • Heating  Natural Gas, Radiant
  • Water  Public (Municipal)
  • Basement  Y
  • Heating  Natural Gas, Radiant
  • EXTERIOR FEATURES  
  • Garage  0.0
  • Architecture  3 Story
  • Basement details  Unfinished
  • Sewer  Public Sewer (Sewer-Sanitary)
  • Home Style  Colonial
  • Possession  At Close
  • Exterior Materials  Brick
  • DETAILS  
  • Status Change Date  02/09/2024
  • Listing Date  02/09/2024
  • Internet/IDX  Y
  • Co-Listing Agent Name  Tiffanie Turrentine
  • Named Exceptions  Y
  • LISTING OFFICE DETAILS  
  • Listing Office   Exp Realty Llc
  • Office Address   39555 Orchard Hill Place Ste 600
  • Listing Number   20240007747



  • THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Saturday, May 18, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
    IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.