4847 BALDWIN Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48214
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 15,837 sqft
Price per Sqft $72
Subdivision E C Van Husans (Plats)
MLS Listing ID 20240068455
Style Other
Bedrooms 20
Full Baths 28
Half Baths 2
Year Built 1925
Annual Tax Amount $2,479
Lot Size 7,405 Sqft
Property Description
Located on Baldwin Street just north of The Villages neighborhood,The Balren apartment building is within close proximity to Downtown Detroit and all major highways. Built in 1925, the three story brick building has been under renovations and presents a value-add investment opportunity with potential for over $300,000 in gross income.
List of improvements permitted and approved by BSEED include in-wall and underground plumbing, mechanical, electrical, new split units installed and new framing completed for 13 of 26 units. There?s a new laundry room with new concrete slab in basement.
The building consists of 26 apartments including:
- 6 studios
- 18 one bedrooms
- 2 two bedroom apartments.
Expected monthly rents range from $850 to $1,250 per month. There?s an additional parking lot included directly next to the building.
Location
State MI
County Wayne
Area Det: 6-Mack I75-Conner
Zoning Commercial
Interior
Heating Forced Air
Exterior
Pool No
Waterfront no
Building
Foundation Basement
Sewer Sewer at Street
Water Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $100
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional