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$350,000
Est. payment /mo
12 Baths
9,737 SqFt
Active
514 ALGER Street Detroit, MI 48202 2106
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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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Listed by Berkshire Hathaway HomeServices The Loft Warehouse