4417 2ND Avenue Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48201
Key Details
Property Type Multi-Family
Sub Type Colonial
Listing Status Active
Purchase Type For Sale
Square Footage 84,505 sqft
Price per Sqft $147
MLS Listing ID 20250003563
Style Colonial
Bedrooms 83
Full Baths 118
Half Baths 3
Year Built 1919
Annual Tax Amount $80,601
Property Sub-Type Colonial
Property Description
For Sale By Court Appointed Receiver. 121 Total Units between two multifamily properties.
Sheridan Court – Four (4) story 66,600 +/- square foot midrise multifamily building that was built in 1919. The property is comprised of 16 studios, 70 -1BR/1BA and 4 -2BR/1BA, with three (3) commercial units and is zoned SD2-special development district. Upgrades include a new boiler, new fire exit doors, interior LED lighting and landscaping.
4417 2nd Ave, Detroit, MI 48201
The Wellesley – Three (3) story 17,905 +/- square foot midrise multifamily building that was built in 1930. The property is comprised of 14 studios and 14 – 1BR/1BA and is zoned R5- medium density residential district. Upgrades include a newer boiler, landscaping and a new roof.
651 W Hancock Street, Detroit, MI 48201
Close Proximity to the Lodge Freeway, Wayne State University, Detroit Institute of Ats, Detroit Historical Museum, Michigan Science Museum and several shops/restaurants.
Property includes a NEZ tax abatement that will expire in December 2033 which can save $400k per year.
All offers considered.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Commercial,Multi-Family
Interior
Heating Baseboard
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Block,Brick,Stone
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional