$495,000
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12170 DEXTER Detroit, MI 48206
Multi-Family
Residence
Beds
33
Baths
37,143
Sq. Ft.
0.22
Acre
Lot
Property Activity
Time on Site
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Days on Market
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Opportunity to restore one of the last large elevator multifamily buildings in Detroit. Historic 33 unit with built out storefronts in the rapidly developing Dexter Corridor. Recently awarded over 30 million in grants this area surrounds Historic Russell Woods and is currently undergoing a massive s...treet scape and infrastructure revitalization. The 27.5 mile Joe Louis Greenway will run through the Dexter Linwood corridor spurring additional retail and mixed use development for years to come. EV Charging stations, new water lines, extensive landscaping and areas for pedestrian walkways and retail currently in progress. Minutes away from New Center, The Fisher, Henry Ford Hospital and Police Headquarters, fifteen minutes from the Downtown Riverfront and Ferndale and Royal Oak to the north. 26 one bedroom apartments, six two bedrooms and a Super's unit on the garden level. This building was built for luxury and elegance with detailed marble and tile work that can be saved. This building is a FULL Rehab but even with moderate finishes and upgrades this building will be highly rentable at market rates, especially recent grads and relocations moving to Detroit for work and priced out of downtown and the suburbs. Here is a chance to make your mark on the city everyone is watching and get established before the area is priced out. BATVAI
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Source MLS
MiRealSource
Originating MLS
RealComp
MLS#
60347151
Property Type
Multi-Family
Bathrooms
33 Full
Year Built
1926
Square Feet
37,143
sq. ft
Lot Size
0.22
Sewer
Public Sewer
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