Listing Courtesy Of:
RE/MAX Leading Edge, (313) 277-7777, Heather Dell
Local Realty Services Provided By:
KW Metro
Overview
What It'll Cost
Neighborhood
Similar Homes
$495,000
12170 DEXTER Avenue, Detroit, MI 48206
26 Beds
33 Baths
37,143
sq ft
.22
ac
Log In to Reveal Price
$495,000
12170 DEXTER Avenue, Detroit, MI 48206
Estimation provided by Keller Williams Realty Inc.
26 Beds
33 Baths
37,143
sq ft
.22
ac
Active
For Sale
Property Description
Opportunity to restore one of the last large elevator multifamily buildings in Detroit. Historic 33 unit with built out storefronts in the rapidly developing Dexter Corridor. Recently awarded over 30 million in grants this area surrounds Historic Russell Woods and is currently undergoing a massive street scape and infrastructure revitalization. The 27.5 mile Joe Louis Greenway will run through the Dexter Linwood corridor spurring additional retail and mixed use development for years to come. EV Charging stations, new water lines, extensive landscaping and areas for pedestrian walkways and retail currently in progress. Minutes away from New Center, The Fisher, Henry Ford Hospital and Police Headquarters, fifteen minutes from the Downtown Riverfront and Ferndale and Royal Oak to the north. 26 one bedroom apartments, six two bedrooms and a Super's unit on the garden level. This building was built for luxury and elegance with detailed marble and tile work that can be saved. This building is a FULL Rehab but even with moderate finishes and upgrades this building will be highly rentable at market rates, especially recent grads and relocations moving to Detroit for work and priced out of downtown and the suburbs. Here is a chance to make your mark on the city everyone is watching and get established before the area is priced out. BATVAI
Assessed Value is a combination of the land and additions.
2020
$49,794
(+244.28%)
$237,000
No Breakdown Available
2019
$14,463
(+185.33%)
$179,700
No Breakdown Available
2018
$5,069
(+322.69%)
$76,400
No Breakdown Available
2017
$1,199
$71,400
No Breakdown Available
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