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1528 GRATIOT AVE Detroit, MI 48207
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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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