$255,000
$400,000
36.3%For more information regarding the value of a property, please contact us for a free consultation.
2601 CORTLAND ST Detroit, MI 48206
37 Beds
13,368 SqFt
Key Details
Sold Price $255,000
Property Type Commercial
Sub Type Apartments
Listing Status Sold
Purchase Type For Sale
Square Footage 13,368 sqft
Price per Sqft $19
Subdivision Linwood Heights Sub (Plats)
MLS Listing ID 219086755
Bedrooms 37
Year Built 1926
Annual Tax Amount $4,688
Property Description
This building offers a magnificent business opportunity. Great use for transit housing (or) care facility. Offers 37 bedrooms, 15 full baths, 4 half baths. Business entry area for check-in or Office. Partially finished basement with several laundry equipment in place, lots of storage and half bath. Features a large updated kitchen open to dining and rec area. Additional income opportunity to lease out the store front business that's currently set-up as a barber shop or hair salon. If buyer chooses they can always convert the building back to an apartment building. A few of the units where still in the process of re-hab. Just a few has been some damage from a recent roof leak that has been repaired. Sale is for the building only, some fenced lots does NOT belong to the owner. Property is being sold AS-IS, 24 notice required to show. NO LAND CONTRACT, QUALIFIED BUYER'S ONLY
Location
State MI
County Wayne
Area Det Woodward-Mcclellan/So Mack
Zoning Multi-Family
Interior
Hot Water Natural Gas
Heating Hot Water
Exterior
Roof Type Asphalt
Building
Foundation Basement
Sewer Sewer at Street
Water Municipal Water
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional, Warranty Deed
Listing Terms Cash, Conventional, Warranty Deed
Special Listing Condition Full Service
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Bought with A Star National Realty