Homes for sale - 503 ALGER Street, Detroit, MI 48202

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Pat Lotz Real Estate Group

[email protected] +1(734) 474-8713

$ 585,000

Est. payment -/mo

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Accepting Backup Offers

503 ALGER Street Detroit, MI 48202

8 Beds

9 Baths

7,588 SqFt

UPDATED:

09/06/2024 04:46 PM

Key Details

Property Type Multi-Family

Sub Type Colonial

Listing Status Accepting Backup Offers

Purchase Type For Sale

Square Footage 7,588 sqft

Price per Sqft $77

Subdivision Beamer & Fraers Sub (Plats)

MLS Listing ID 20240007747

Style Colonial

Bedrooms 8

Full Baths 9

Originating Board Realcomp II Ltd

Year Built 1918

Annual Tax Amount $1,772

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 70 x 113

Property Description

If you're searching for an investment property with a value-add opportunity, look no further! This 9-unit apartment building located in the heart of North End, offers lucrative investment opportunities to enhance the value and increase its income potential. The property features 8- 2 BR units & a large studio basement apartment. There are hardwood floors throughout, updated electrical, which is separate for each unit, and updated hot water tank. Annual income is projected. Measurements are approximate. Contact us today to schedule a viewing and explore this incredible investment opportunity.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Multi-Family

Direction Alger and Beaubian

Rooms

Basement Unfinished

Interior

Heating Radiant

Fireplace no

Heat Source Natural Gas

Exterior

Waterfront no

Porch Porch

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 3 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W03I002322S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, Warranty Deed

Rebuilt Year 1918

Listing Terms Cash, Conventional, Warranty Deed

Financing Cash,Conventional,Warranty Deed

Listed by Adrena Holman of EXP Realty LLC

Pat Lotz Real Estate Group

Agent | License ID: 6501428832

+1(734) 474-8713

Pat Lotz Real Estate Group

503 ALGER Street Detroit, MI 48202

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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503 ALGER Street