Detroit, MI 48207,1528 GRATIOT AVE
$985,000
$1,200,000
17.9%
Est.Price: ?

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4 BD
7,154 SqFt

1528 GRATIOT AVE Detroit, MI 48207

Est. payment /mo
SOLD DATE : 09/09/2016

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Key Details

Sold Price $985,000

Property Type Commercial

Sub Type Apartments

Listing Status Sold

Purchase Type For Sale

Square Footage 7,154 sqft

Price per Sqft $137

Subdivision Plat Of A Dequindre Farm Sec 26 (Also P717-8 Cr)

MLS Listing ID 216039715

Sold Date 09/09/16

Bedrooms 4

Originating Board Realcomp II Ltd

Year Built 1907

Annual Tax Amount $7,159

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 48.24X36.41

Property Description

Eastern Market! Gorgeous 4-unit loft building completely rehabbed in 2007. Each unit has 2 bedrooms/2 baths with the exception of the 1st floor loft which is a 3 bedroom/2 bath and also includes great finished basement space! 2nd, 3rd and 4th floor units have private elevator access. All units boast exposed brick, custom made kitchen cabinetry, concrete countertops and hardwood floors through out with original timber beams. In unit washer/dryer. All leases are month-to-month and rental rates are currently well below market. Great potential for loft condo conversion or live in one personal residence and rent the others. Please see virtual tour for complete tour of building. Serious inquires only. Proof of funds or pre approval letter required prior to all showings. Billboard lease included at $7500 year additional income. Owner is also agent.

Location

State MI

County Wayne

Area Det Woodward-Mcclellan/So Mack

Zoning Commercial

Direction On the corner of Gratiot and Jay St

Interior

Hot Water Natural Gas

Heating Forced Air

Heat Source Natural Gas

Exterior

Exterior Feature Private Entry

Utilities Available Elevator, Intercomm, Security Alarm, Smoke Alarm

Waterfront no

Roof Type Other

Accessibility Disabled Access

Road Frontage Paved

Building

Foundation Basement

Sewer Sewer-Sanitary

Water Water at Street

Level or Stories 4-10 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W07I000770S

Ownership Private Owned,Short Sale - No

SqFt Source PRD

Assessment Amount $100

Acceptable Financing Cash, Conventional

Rebuilt Year 2007

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

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Realcomp MLS
Listed by Ryan P. Cooley of O'Connor Realty

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Dylan Tanaka

Broker Associate | License ID: 6506046373

+1(248) 609-3030

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