Seller Financing
Address
30 E Philadelphia Street, Detroit, MI
Price
$ 3,375,000
Property Attributes
  • ID#20221050867
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDet - Livernois-I75 6-Gd River
  • NeighborhoodHUBBARDS BELA
  • Zip48202
  • StyleTraditional
  • Year Built1923
  • Taxes$ 2270
  • Price$ 3,375,000
  • Bedrooms32
  • Full Bathrooms44
  • Half Bathrooms0
  • Sqr Footage6620
  • Lot Size0.24 Acres
Data Source:
RealComp
Property Description

This full brick apartment building has 44 units, with 19 parking spots included in the sale. Right 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 what is 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. 25-30% OWNER FINANCING AVAILABLE.

Price History
10/11/2022 Listed $3,550,000
1/5/2023 5% - $3,375,000

General Features

Sewer Sewer at Street
Heating Forced Air
Possession At Close
Pets Allowed Call
Zoning Multi-Family
Gross Scheduled Income 633600.00
Full Baths 44
Year Built 1923
Property Type Multifamily
Year Remodeled 2021
Subdivision Name HUBBARDS BELA
Transaction Type Sale
OccupantName Fahad Sultan
Basement Type Unfinished,Walkout Access
Status Active
Short Sale No
Parking Total 19
Construction Materials Brick
Cumulative Days on Market 806
MLS Area Det: Livernois-I75 6-Gd River
Directions Woodward and Philadelphia
City Detroit
Terms Offered Cash,Conventional
School District Detroit
Ownership Status Broker/Agent Owned,Short Sale - No
Assessment 100.00
Total Sq Ft 6620
DOM 616
Taxes 2270.0000
Legal Description E WOODWARD E 80 FT 2-1HUBBARDS BELA L21 P7 PLATS,W C R 1/111 135 IRREG

Interior Features

Heating Fuel Natural Gas
Basement Y/N Yes
Total Units 44
Lock Box Type Appointment
Total Baths 44.00

Exterior Features

Lot Size Area 0.24
Water Source Water at Street
Foundation Materials Brick/Mortar
Frontage Feet 135
Foundation Basement
Lot Size Dimensions 135.00 x 78.00
Road Frontage Type Paved
Architecture Level 4-10 Story
Architecture Style Traditional

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Remerica Hometown One and The Originating MLS(found above), © 2024 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for 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.

Data is updated as of June 25, 2024 9:30 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Multi-Family Average in 48202

Price
AVG $620K
$3.38M
Taxes
AVG $2,307
$2,270
Visits
AVG 189
544
Data Provided by Inside Real Estate®
Year Built
AVG 1912
1923
Walkscore
AVG 71
84
Data Provided by Walkscore® not using MLS data

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