Detroit, MI 48206,12170 DEXTER Avenue
Detroit, MI 48206,12170 DEXTER Avenue
Detroit, MI 48206,12170 DEXTER Avenue
Detroit, MI 48206,12170 DEXTER Avenue
Detroit, MI 48206,12170 DEXTER Avenue
Detroit, MI 48206,12170 DEXTER Avenue
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$ 495,000
Est. payment | /mo

33 Baths

9,583 Sqft Lot


Save
$ 495,000
Est. payment | /mo
Save

33 Baths

9,583 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240077365

Originating Board Realcomp

Year Built 1926

Annual Tax Amount $20,579

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 80.00 x 120.00

Property Description

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 street 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

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family,Multiple

Direction Dexter and Richton

Interior

Heating Radiant

Exterior

Waterfront No

View Y/N No

Building

Sewer Public

Structure Type Brick,Stone

Others

Tax ID W12I010519S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by RE/MAX Leading Edge
Jeff Northouse

Agent | License ID: 6501236995

+1(616) 366-5240 | jeff42north@gmail.com

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12170 DEXTER Avenue