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30 E Philadelphia Street

Detroit, MI 48202
  • $3,800,000
  • STATUS: Active
  • ON SITE: 88 Days
  • ID#: 2220023085
Price Reduced
UPDATED: 14 min ago
$3,800,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 44
    BATHS
  • 0
    1/2 BATHS
  • 33,275
    SQFT
  • $114
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Zoning:
Multi-Family
Lot Size Dimensions:
135.00X78.00

School Ratings & Info

School District:

Description

This full brick apartment building has 44 units. In the heart of new center area, right off of Woodward Ave. Lots of infrastructure upgrades including New Roof, Plumbing, Electrical, Hvac units, drywalling, insulation to name a few have been done. Details of whats left can be provided with current contracts in place. This project is ready for the finishing episode. 19 Parking places available. Mostly all the contracts are in place, will need a new GC. Opportunity Zone.

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IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-07-02T18:58:10.003.
www.prettyhomerealty.com/homes/127359627
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30 E Philadelphia Street Detroit, MI 48202

  • Price: $3,800,000
  • Status: Active
  • On Site: 88 Days
  • Updated: 14 min ago
  • ID#: 2220023085
0
Beds
44
Baths
0
½ Baths
0.24
Acres
33,275
SQFT
$114
$/SQFT
1923
Built
Neighborhood:
Hubbards Bela
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
This full brick apartment building has 44 units. In the heart of new center area, right off of Woodward Ave. Lots of infrastructure upgrades including New Roof, Plumbing, Electrical, Hvac units, drywalling, insulation to name a few have been done. Details of whats left can be provided with current contracts in place. This project is ready for the finishing episode. 19 Parking places available. Mostly all the contracts are in place, will need a new GC. Opportunity Zone.
Exterior Features

Architecture Level 4-10 Story Architecture Style Other Construction Materials BrickOther Exterior Features Lighting Foundation Details Basement Foundation Materials Brick/Mortar Lot Size Dimensions 135.00X78.00 Multifamily Parking Assigned Spaces Parking Total 20 Pool YN No Road Frontage Feet 135 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Walkout Access Basement YN Yes Baths Total 44.00 Cooling Wall Unit(S) Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Living Area Source Estimated Sq Ft Combined 36475 Sq Ft Lower Floor 3200 Sq Ft Total Basement 6655 Unit Efficiency Number Of 16 Unit Four Bed Number Of 0 Unit One Bed Number Of 24 Unit Three Bed Number Of 0 Unit Two Bed Number Of 4 Water Heater Fuel Natural Gas

Property Features

Assessment 100 Down Payment Resource YN No Encroachment YN No Exclusions YN Yes Existing Lease YN No Gross Scheduled Income 633600.00 Homestead YN No Income Projection Projected Inventory List YN No Land Contract YN No Legal Rental Certified YN No Listing Financing CashConventional Monthly Rental Income 52800 Net Operating Income 587400.00 Number Of Units Leased 0 Ownership Status Corporate/RelocationShort Sale - No Percent Homestead Exempt YN No Pets Allowed Breed RestrictionsSize Limit Postal City Detroit Protection Period 90 Restrictions YN No Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 2035.0000 Tax Amount Winter 232.0000 Title Corporate/Relocation Total Tax 2267.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 30 E Philadelphia Street Water Source Public (Municipal) Year Remodeled 2021 Zone Conform YN Yes Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Motown Property Management Inc: (734) 341-5900 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-07-02T18:58:10.003.
 
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