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678 Selden Street Detroit, MI 48201 2200
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Key Details
Sold Price $1,600,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 22,796 sqft
Price per Sqft $70
Subdivision Mi
MLS Listing ID 60327089
Sold Date 10/04/24
Annual Tax Amount $52,495
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 35.00 x 207.00
Property Description
The Finn Midtown is a 30-unit apartment building comprised of 22 studio units and eight one-bedroom units. Located in the heart of Midtown Detroit, one of the most walkable neighborhoods in the city with some of the strongest rent fundamentals that have seen significant increases in recent years. The Finn was originally constructed in 1927 and underwent a full renovation in 2018. Renovations included commercial-grade windows, a new roof, updated electrical systems, a modern elevator, a video door-phone entry security system, monitored fire alarms, individual HVAC units with tenant-paid electric, refinished interiors, and new cabinetry and bathrooms. These recent updates will minimize maintenance for a future owner. Property tours will be Tuesday, August 7th from Noon - 1:30 PM and Tuesday, August 13th from Noon - 1:30 PM. Best & Final offers due by Tuesday, August 20th
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Interior
Heating Baseboard, Forced Air
Exterior
Waterfront No
Roof Type Rubber
Building
Foundation Basement
Water Public Water
Structure Type Brick,Stone
Others
Ownership Private
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with O'Connor Realty Detroit, LLC
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