Detroit, MI 48206 1012,12170 DEXTER Avenue
Detroit, MI 48206 1012,12170 DEXTER Avenue
Detroit, MI 48206 1012,12170 DEXTER Avenue
Detroit, MI 48206 1012,12170 DEXTER Avenue
Detroit, MI 48206 1012,12170 DEXTER Avenue
Detroit, MI 48206 1012,12170 DEXTER Avenue
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$ 449,900
Est. payment | /mo

33 Baths

37,143 SqFt


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$ 449,900
Est. payment | /mo
Save

33 Baths

37,143 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 37,143 sqft

Price per Sqft $12

Subdivision Mi

MLS Listing ID 60392721

Full Baths 33

Year Built 1926

Annual Tax Amount $21,079

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 80.00 x 120.00

Property Sub-Type Multi-Family

Property Description

Opportunity to restore one of the last large elevator multifamily buildings in Detroit. Historic 33 unit with built out storefronts in the rapidly developing Dexter Corridor. Recently awarded over 30 million in grants this area surrounds Historic Russell Woods and is currently undergoing a massive street scape and infrastructure revitalization. The 27.5 mile Joe Louis Greenway will run through the Dexter Linwood corridor spurring additional retail and mixed use development for years to come. EV Charging stations, new water lines, extensive landscaping and areas for pedestrian walkways and retail currently in progress. Minutes away from New Center, The Fisher, Henry Ford Hospital and Police Headquarters, fifteen minutes from the Downtown Riverfront and Ferndale and Royal Oak to the north. 26 one bedroom apartments, six two bedrooms and a Super's unit on the garden level. This building was built for luxury and elegance with detailed marble and tile work that can be saved. This building is a FULL Rehab but even with moderate finishes and upgrades this building will be highly rentable at market rates, especially recent grads and relocations moving to Detroit for work and priced out of downtown and the suburbs. Here is a chance to make your mark on the city everyone is watching and get established before the area is priced out. BATVAI

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Block, Common, Poured, Stone

Interior

Heating Radiant

Fireplace No

Exterior

Exterior Feature Brick, Stone

Building

Foundation Basement

Water Public Water at Street

Structure Type Brick,Stone

Schools

School District Detroit City School District

Others

Ownership Private

Assessment Amount $100

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by RE/MAX Leading Edge
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+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN, 55432, USA

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12170 DEXTER Avenue