514 ALGER Street Active

Detroit,MI 48202 2106

$ 350000

- Bed

12 Baths

9737 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,737 sqft

Price per Sqft $35

Subdivision Mi

MLS Listing ID 60379106

Full Baths 12

Year Built 1920

Annual Tax Amount $3,615

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 57.00 x 125.00

Property Sub-Type Multi-Family

Property Description

Redevelopment opportunity. 12-unit building in North End neighborhood. Zoned R-3. Appealing brick exterior, ample parking capacity assuming option to purchase adjacent 522 Alger, which is DLBA owned. Many newer windows. Interior is demo-ed to the studs. Neighborhood includes a mix of newer (constructed in early 2000s) single family homes and historic structures. May be eligible for PILOT Fast Track abatement. Liability waiver required for access.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family

Rooms

Basement Block

Interior

Heating Other-See Remarks

Cooling Other

Fireplace No

Exterior

Exterior Feature Brick

Building

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Financing Cash

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