Sue Welling - Coldwell Banker Weir Manuel Hoppough
2929 Northwestern Street
Detroit, MI 48206

Description

Redevelopment Opportunity. Vacant 13 Unit apartment building; formerly (8) efficiency units and (5) 1 bedroom units. Also included in this sale is the adjacent 52 x 110 ft parcel (2939 Northwestern Street) that could serve as excellent parking or additional building site. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller will consider a rehab proposal or a tear down & new build proposal. If the Buyers Offer to Purchase includes a new build proposal, the Purchaser shall present construction plans or precedent architectural images of proposed development. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Contact listing broker with additional questions.

Details

MLS#218077657
Sub-TypeResale
StatusActive
Year1924
Days On Site117

Features

SQ Feet6,075
Building(s)1

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Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDet: Livernois-I75 6-Gd River
Listing VS Median (in 48206)
Price:
$45,000
low | high
Med:
$49,950
39% of Average
SqFt:
6,075
low | high
Med:
2,037
100% of Average
$ / SqFt:
$7
low | high
Med:
$27
100% of Average
On Site:
117
low | high
Med:
59.5
100% of Average
Listing Updated: 12/10/2018
MLS Number: 218077657
Listing Provided By:
James Bufalino  of  Premier Property Services LLC
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