Under contract
Accepting Backup Offers
503 ALGER Street
Detroit MI, 48202
$585,000
$77.10 per sqft
Under contract
Accepting Backup Offers
16 Beds
9 Baths
7,588 sqft
Multi-family
Built in 1918
If you're searching for an investment property with a value-add opportunity, look no further! This 9-unit apartment building located in the heart of North End, offers lucrative investment opportunities to enhance the value and increase its income potential. The property features 8- 2 BR units & a large studio basement apartment. There are hardwood floors throughout, updated electrical, which is separate for each unit, and updated hot water tank. Annual income is projected. Measurements are approximate. Contact us today to schedule a viewing and explore this incredible investment opportunity.
20240007747
MLSⓇ ID
February 8, 2024
Listed
December 20, 2024
Updated
Map
503 ALGER Street
Detroit MI, 48202
Interior Features
Bedrooms
16
Total Bathrooms
9
Full Bathrooms
9
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Radiant
Exterior/Building Features
Lot Size
0.18 Acres
Architectual Style
Colonial
School Information
School District
Detroit
Other Property Details
Area Name
Det: Livernois-I75 6-Gd River
Taxes
$1,772
Tax Frequency
Annually
Days on Market
210
Garage
Yes
View
No
County
Wayne
Pool
No
Zoning
Multi-Family
Listing History
Date | Event | Price |
|---|---|---|
12/20/2024 | Under contract | — |
4/10/2024 | Price change | $585,000 -19% |
Courtesy of EXP Realty LLC
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Gustaf Andreasen shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Provided through IDX through Realcomp II LTD
Originating MLS:
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Data last updated 3:18 PM UTC, 12/20/2024
