14440 Frankfort Street, Detroit, MI 48224
14440 Frankfort Street, Detroit, MI 48224
14440 Frankfort Street, Detroit, MI 48224
14440 Frankfort Street, Detroit, MI 48224
14440 Frankfort Street, Detroit, MI 48224
14440 Frankfort Street, Detroit, MI 48224
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 800,000
Est. payment | /mo

32 Baths

32,934 SqFt

Save
$ 800,000
Est. payment | /mo
Save

32 Baths

32,934 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 32,934 sqft

Price per Sqft $24

Subdivision Mi

MLS Listing ID 60986138

Full Baths 32

Year Built 1958

Annual Tax Amount $48,403

Lot Size 0.750 Acres

Acres 0.75

Lot Dimensions 230X143

Property Sub-Type Multi-Family

Property Description

32 unit apartment building with strong value add potential located in Chandler Park. This property offers a total of 32,934 square feet, with a unit mix of 20 one-bedroom units and 12 two-bedroom units. The seller has already completed major capital improvements in 2021, including new windows, a new roof, and new siding, along with plumbing and electrical updates. The sale also includes 12 newly renovated kitchens, reducing upfront renovation work for the next owner. A recent after-repair value appraisal comes in at 1.9 million. This is an excellent 1031 exchange opportunity with significant upside potential for investors looking to expand or reposition a multifamily asset in a growing area. Call now to schedule a tour!

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Poured

Interior

Heating Hot Water

Fireplace No

Exterior

Exterior Feature Brick

Amenities Available Laundry Facility

Building

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Century 21 Curran & Oberski

Nearby Locations

Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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14440 Frankfort Street