30 E Philadelphia Street Detroit, MI $ 3,375,000
30 E Philadelphia Street
$ 3,375,000
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30 E Philadelphia Street

Detroit, MI, 48202
$ 3,375,000
Bedrooms32 Baths44.0 Sq 6,620

Monthly Estimate*

$ 23,575

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Multi-Family Home for sale in Detroit, MI

for $3,375,000 with 32 bedrooms and 44 full baths. This 6,620 square foot home was built in 1923 on a lot size of 0.24.

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.

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Multi-Family Active

Price

$ 3,375,000

Bedrooms

32

Full Bath

44

Property Type

Multi-Family

Taxes

$ 2,270

Style

Traditional

Lot Size

0.24

Year Built

1923

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20221050867

Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 44
Fireplace 0
Street Suffix Street
Total Baths 44.00
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General
Sewer Sewer at Street
Heating Forced Air
Possession At Close
Pets Allowed Call
Zoning Multi-Family
Pool Y/N 0
Full Baths 44
Half Baths 0
Year Built 1923
Property Type Multifamily
Subdivision Name HUBBARDS BELA
Transaction Type Sale
Basement Type Unfinished Walkout Access
Status Active
Short Sale No
Parking Total 19
Construction Materials Brick
Cumulative Days on Market 588
MLS Area Det: Livernois-I75 6-Gd River
Directions Woodward and Philadelphia
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Broker/Agent Owned Short Sale - No
Street Name PHILADELPHIA
Homestead 0
Assessment 100.00
Total Sq Ft 6620
DOM 588
Taxes 2270.0000
Legal Description E WOODWARD E 80 FT 2-1HUBBARDS BELA L21 P7 PLATS W C R 1/111 135 IRREG
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Exterior
Waterfront 0
Lot Size Area 0.24
Water Source Water at Street
Foundation Basement
Lot Size Dimensions 135.00 x 78.00
Architecture Level 4-10 Story
Architecture Style Traditional
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Fahad Sultan

Listing Agent

Motown Property Management Inc

Broker

(734) 341-5900

Phone

Affordability Calculator

$23,765
Per Month
99%
1%
0%
Monthly Principal & Interest
$23,575
Monthly Property Taxes
$189
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2023$3,375,000 -4.93% Price Down
10/11/2022$3,550,000 Listed Price

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30 E Philadelphia Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $3,375,000 with 6,620 sqft and a lot size of 0.24. 30 E Philadelphia Street has 32 bedrooms, 44.0 baths, and was built in 1923. The property's zip code is 48202 which is in Detroit, MI