63
See all 63 photos
$755,000
Est. payment /mo
3,574 SqFt
Price Dropped by $140K
648 PRENTIS Street Detroit, MI 48201 1177
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 3,574 sqft
Price per Sqft $211
Subdivision Mi
MLS Listing ID 60376630
Annual Tax Amount $3,284
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40.00 x 105.00
Property Sub-Type Commercial/Industrial
Property Description
Nestled in the heart of Midtown Detroit, this fully occupied six-unit apartment building presents a rare investment opportunity in one of the city's most vibrant neighborhoods. Conveniently located near I-94, the Lodge Freeway, and Woodward Avenue, this historic property offers seamless access to all things Midtown, from cultural attractions to dining and entertainment. The building features a mix of units, including one studio-style apartment and one loft-style apartment, two one-bedroom units and two spacious two-bedroom apartments—one with a private balcony. Upgrades include new countertops, flooring, and disposals in every unit, as well as individual furnaces, water heaters, and window A/C units, with central air in the loft apartment. Each unit is equipped with a dedicated load center with resettable breakers, and fiber optic cable and internet are installed in the building. The basement and loft units are not shown in photos, and their measurements are not provided. The front porch has been completely rebuilt, and some windows have been replaced with Detroit Historical Society-approved designs. Inside, all original lathe and plaster have been converted to drywall, and the building is lead-based paint free certified. Emergency lighting, smoke, and carbon monoxide detectors are installed throughout. All plumbing has been replaced with copper and PVC. The property also features a basement coin laundry, upper and lower shared deck spaces, and dedicated (owned) parking. It has received full inspection clearance from the City of Detroit and meets all city code requirements. With 100% occupancy and long-term tenants, this historic building has steady income potential, and current rents remain under market value, offering room for future growth. ***Showings require 24-hour notice. Pre-approval or proof of funds must be provided before confirmation. The listing agent and property manager will accompany all showings.***
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Interior
Heating Forced Air, Space Heater
Exterior
Roof Type Composite
Building
Foundation Basement
Water Public Water
Structure Type Brick
Others
Ownership Private
Assessment Amount $100
Energy Description Electric,Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Century 21 Curran & Oberski