Exceptional value-add multifamily opportunity in Detroit’s Highly Desirable Boston-Edison neighborhood. This 11,876 sq. ft. building sits on a 0.23-acre lot and is configured for 16 residential units, including six 2-bedroom units, seven 1-bedroom units, and three studio apartments, plus dedicated basement maintenance quarters. Significant improvements have already been completed, including a newer roof, dry basement, and recently scoped sewer lines. The property has been taken down to the studs and includes Detroit City- approved, stamped architectural plans, providing a streamlined path toward redevelopment and completion. Investors may follow the approved plans or customize the project to suit their own vision. Located in one of Detroit’s most Historic and sought-after neighborhoods, this property presents a rare opportunity to redevelop a substantial multifamily asset with considerable upside. Ideal for investors, developers, or owner-operators seeking a value-added project with extensive pre-development work already in place.
Listed By
Agency Name: Signature Sotheby's International Realty Bham
Agency Phone: (248) 644-7000
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimated Payment
$ 1,912.75 per month $1,817.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $94.79 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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3760 W Chicago | MLS# 20261047364
This multi-family property located at 3760 W Chicago, Detroit, MI 48206 is currently listed for sale with an asking price of $325,000. W Chicago is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.