Detroit, MI 48214,4847 Baldwin ST
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Detroit, MI 48214,4847 Baldwin ST
Detroit, MI 48214,4847 Baldwin ST
Detroit, MI 48214,4847 Baldwin ST
Detroit, MI 48214,4847 Baldwin ST
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$ 549,900
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4847 Baldwin ST Detroit, MI 48214

28 Baths

15,837 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 15,837 sqft

Price per Sqft $34

Subdivision E C Van Husans

MLS Listing ID 20261004246

Style Other

Full Baths 28

Year Built 1925

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type MultiFamily

Property Description

Located at 4847 Baldwin Street, Detroit, MI, just north of The Villages neighborhood, The Balren apartment is a four-story brick apartment building offering a strong value-add investment opportunity with close proximity to Downtown Detroit and convenient access to all major highways. Built in 1925, the property had undergone renovations and has the potential to generate over $300,000 in gross annual income once stabilized. Previously approved and permitted improvements through BSEED include in-wall and underground plumbing, mechanical and electrical upgrades, newly installed split HVAC units, and new framing completed in 13 of the 26 units. The building features a total of 26 apartments consisting of 6 studios, 18 one-bedroom units, and 2 two-bedroom units, with projected monthly rents ranging from $1,250 to $1,500. A previously constructed basement laundry room with a new concrete slab is in place.

Location

State MI

County Wayne

Area Area05052Det6Macki75Conner

Rooms

Basement Full, Unfinished

Interior

Heating Natural Gas, Steam

Fireplace No

Exterior

Exterior Feature Lighting

Pool None

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition RealEstateOwned, ShortSaleNo

Pets Allowed Yes


Realcomp MLS
Listed by Hussein Farhat of RE/MAX Team 2000
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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4847 Baldwin ST