Detroit, MI 48202 3811,223 E FERRY Street
Detroit, MI 48202 3811,223 E FERRY Street
Detroit, MI 48202 3811,223 E FERRY Street
99
$735,000
$1,000,000
26.5%
Est.Price: ?

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6,745 SqFt

223 E FERRY Street Detroit, MI 48202 3811

Est. payment /mo
SOLD DATE : 12/05/2022

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Key Details

Sold Price $735,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 6,745 sqft

Price per Sqft $108

Subdivision Mi

MLS Listing ID 60124895

Sold Date 12/05/22

Annual Tax Amount $2,743

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 70.00 x 161.00

Property Description

If these walls could talk...this Art Center mansion, originally the Rufus Goodell house, has lived many lives. It was converted into tenement housing in the 1940s, and is currently a 10-unit apartment building, with the same owner for the past 4 decades. So many historic details are still in tact, like original carved wood and wet plaster molding, fireplaces with the original tile, slate roof, stained glass, seven-point star copper window details, and beautiful wood floors. There is so much potential here, and future use could continue as a fully operational 10 unit apartment building, short term rentals, condo conversion, or even office use. Six units in the main structure, potential for 4 in the carriage house, possibly even basement "garden level" living space. Several units will need to be renovated to be operational once again. Brand new boiler services both the house and carriage house. Security camera system in place. Square footage is main house and carriage house combined. Art Center is the north part of Midtown, named for its proximity to the DIA and CCS. One block from major transportation lines, and shops and restaurants. NEZ-New/Rehab and NEZ-Homestead districts already in place. Zoned R5. East Ferry Avenue historic district.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Mixed Use,Multi-Family,Residential

Interior

Heating Steam

Exterior

Waterfront No

Building

Foundation Basement

Water Public Water

Structure Type Brick

Others

Ownership Private

Assessment Amount $240

Energy Description Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Berkshire Hathaway HomeServices The Loft Warehouse
Bought with Berkshire Hathaway HomeServices The Loft Warehouse

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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