644 Martin Luther King Jr. Boulevard

Detroit, Michigan 48201

  • 50 Bed(s)
  • 38 Bath(s)
  • 32,896 Sqft
  • 0.65
    Acre(Lot)
$3,199,000

Description

38-unit apartment building for sale in heart of detroit's midtown neighborhood built in 2001, 26 1-bed & 12 2-bed. units individually metered, landlord pays water, common area heat & electric. pilot in place for property tax. ideal for lihtc developers. subject to the affordable housing restrictions & regulatory agreement, this building is perfect for re-syndication and an ideal candidate for the millions set aside in the detroit affordable housing development & preservation fund. owned and operated by people united as one (puao), a non-profit organization located in detroit. puao was started by homeless and formerly homeless people in july 1991. its mission is to uplift the working poor through counseling, community activism, and economic development. their programs have afforded homeless individuals the opportunity to obtain basic living skills training, financial assistance, life management skills, social and psychological counseling & support services. pre-qualified showings only.

  • Property Type

    Multifamily

  • County

    Wayne

  • Style

    Other

  • AD ID

    40735515

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Property Details

  • Bathroom Information

    • Total Baths: 38
    • Full Baths: 38

    Interior Features

    • Elevator/Lift,Fire Sprinkler
    • Roof : Asphalt,Rubber,Other
    • Basement Description: Common

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Baseboard
    • Heating Fuel: Electric,Natural Gas

    Water Heater

    • Common,Natural Gas

  • Building Information

    • Year Built: 2000
    • Building Stories: 4-10 Story
    • Total Units: 38
    • Roof: Asphalt,Rubber,Other
    • Foundation/Basement: Basement
    • Architecture: Other

    Exterior Features

    • Fenced,Playground
    • Construction: Aluminum,Block/Concrete/Masonry,Other

    Utility Features

    • Sewer: Sewer-Sanitary

    Water

    • Municipal Water,Water at Street
    • Water Heat: Common,Natural Gas

  • Lot Information

    • Lot Size: 0.65
    • Dimensions: 150 x 190

    Property Information

    • SQ ft: 32896
    • Financing: Cash,Conventional,Warranty Deed

  • Listing Price Information

    • Original List Price: $3,199,000

    Listing Information

    • Possession: At Close
    • Legal Description: N MYRTLE 21 THRU 19 BLK 90;CASS FARM L1 P175-7 PLATS, W C R 04/134 150 X 190

  • Tax Information

    • Annual Tax: $100

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: N MYRTLE 21 THRU 19 BLK 90;CASS FARM L1 P175-7 PLATS, W C R 04/134 150 X 190

  • Virtual Tour

    Multi-Unit Information

    • Presently Zoned: 1
    • Road Frontage: Pub. Sidewalk

    Unit 1 Information

    • # of Bedrooms: 26

    Unit 2 Information

    • # of Bedrooms: 12

  • Utility Information

    • Water:Municipal Water,Water at Street
    • Sewer:Sewer-Sanitary
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BuyOwner last updated this listing 04/20/2024 @ 02:57

  • MLS: 540864131
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 50 bedrooms which is for sale, it has 32,896 sqft, 1 sized lot, and Off Site,On Street,Paved parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Detroit , in zip code 48201, this Wayne County Multifamily and are nearby neighborhoods.