$1,461,000
$1,500,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
50 Beds
28,000 SqFt
SOLD DATE : 09/25/2019
Key Details
Sold Price $1,461,000
Property Type Commercial
Sub Type Apartments
Listing Status Sold
Purchase Type For Sale
Square Footage 28,000 sqft
Price per Sqft $52
Subdivision Sub Of Lot 6 Of Pc 60 (Plats)
MLS Listing ID 219057224
Bedrooms 50
Year Built 1926
Annual Tax Amount $1,458
Lot Size 3,920 Sqft
Property Sub-Type Apartments
Property Description
We are pleased to offer Pitt Central Market. Located over 5 buildings in Southwest, Detroit at the corner of Pitt Street and Central Ave. The buildings consist of 34 (1) bedroom units and 16 (2) bedroom units. The property has been owned and managed by the Seller for many years and has been well maintained throughout. A future owner can come in with fresh capital and upgrade individual apartments and make building wide renovations to add value. The building features hardwood floors and orignal woodwork through out the portfolio. Portfolio addresses: 2523 Central Avenue, 2521 Central Avenue, 2501 Central Avenue, 7728 Pitt Street and 7730 Pitt Street. Property tours on Friday, June 21st from Noon - 2:00 PM. Highest and best will be due Wednesday, June 26th at 5:00 PM.
Location
State MI
County Wayne
Area Det South Of Grand River
Zoning Multi-Family
Interior
Heating Forced Air, Radiant
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Full Service
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Bought with O'Connor Realty
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