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Listing Details

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Description

Calling all investors and developers! Huge opportunity awaits you in this once residential Duplex building. The structure is 8,000+ sqft all brick situated in the epicenter of the next midtown boom. Minutes from LCA, Ford Field, Comerica and Casinos. The building has undergone full demo to the studs with all the necessary abatements performed and temporary electrical/lighting set up. The building has four levels on each side with each floor possessing a variety of options for use. Lot is fenced with the ability to have onsite parking. Full architectural prints for a 10 unit apartment building have been developed. This is a once in a lifetime opportunity to own a remarkable building that has stood strong through the years. Agent owned.

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Robert E Smith Realty | Hall and Hunter are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-19T23:56:04.13.
www.robertesmithrealty.com/homes/109210812
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830 Peterboro Street Detroit, MI 48201

  • Price: $475,000
  • Status: Active
  • Updated: 21 min ago
  • ID#: 2200067196
0
Beds
0
Baths
0
½ Baths
0.09
Acres
8,100
SQFT
$59
$/SQFT
1885
Built
Neighborhood:
Plat Of Jones Farm N Of Grand River (Plats)
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
Calling all investors and developers! Huge opportunity awaits you in this once residential Duplex building. The structure is 8,000+ sqft all brick situated in the epicenter of the next midtown boom. Minutes from LCA, Ford Field, Comerica and Casinos. The building has undergone full demo to the studs with all the necessary abatements performed and temporary electrical/lighting set up. The building has four levels on each side with each floor possessing a variety of options for use. Lot is fenced with the ability to have onsite parking. Full architectural prints for a 10 unit apartment building have been developed. This is a once in a lifetime opportunity to own a remarkable building that has stood strong through the years. Agent owned.
Exterior Features

Architecture Level 3 Story Construction Materials Brick Foundation Details Basement Foundation Materials Stone Lot Size Dimensions 40.00X95.00 Road Frontage Feet 90 Road Frontage Type GravelPub. Sidewalk Roof Material Asphalt Waterfront YN No

Interior Features

Heating Cooling Other Heating Fuel Natural Gas Room Count 0 Unit Efficiency Number Of 4 Unit One Bed Number Of 2 Unit Two Bed Number Of 2

Property Features

Assessment 0 Commercial Type ApartmentsCommercialIndustrialReal Estate Only Current Use Vacant Encroachment YN No Gross Scheduled Income 180000.00 Land Contract YN No Listing Financing CashWarranty Deed Monthly Sales 15000 Net Operating Income 150000.00 Operating Expense 30000.00 Ownership Status Broker/Agent OwnedShort Sale - No Possession At Close Postal City Detroit Protection Period 180 Settlement City Sewer Sewer At Street Short Sale No Tax Amount Summer 591.0000 Tax Amount Winter 30.0000 Title Broker/Agent Owned Total Tax 621.0000 Unparsed Address 830 PETERBORO ST Water Source Water At Street Zoning CommercialMulti-FamilyOfficeResidential

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Robert E Smith Realty | Hall and Hunter are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-19T23:56:04.13.
 
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Robert E Smith Realty | Hall and Hunter
442 S. Old Woodward
Birmingham MI, 48009