5918 SAINT ANTOINE Street

Detroit, MI, 48202

$6,400,000

$303 per ft²
$6,400,000
$303 per ft²
Active
Active
 - For Sale
baths
36 Baths
carpenters-square
21,072 ft²
property_type
Multi-family
If you have been looking for a high end, low investment opportunity in tech town, look no further. This is your opportunity. Completely renovated in 2021 (cosmetics and mechanicals), this spectacular apartment building hosts a variety of floor plans with a variety of income opportunities. In fact, the opportunity is so great, every apartment is currently occupied and collecting a total monthly income over $42,000.00. It’s turn key and ready for you to acquire. Over 21,000 square feet of modern living space with 25 units, and over a 6% cap rate. This building is in close proximity to several million dollars of future developments that are already planned, which will make your property value rise as the neighborhood is developed. Within one mile are several employers such as Ford Health Care, Rocket Mortgage and Blue Cross Blue Shield, just to name a few. Lastly, across the street is a planned development of 433 apartment units, along with retail, commercial, and co-working space. Showings by appointment only.
MLS® ID:
20221005561
Listed:
6/15/22
Updated:
11/28/22
@properties | Christie's International RE
Jeff Meldrum

Interior Features

Total Bedrooms
0
Full Bathrooms
36
Heating
Forced Air

Exterior/Building Features

Lot Size
8,712 ft² lot
Architectural Style
Common Entry Building, Historic
Sewer
Public Sewer (Sewer-Sanitary)

School Information

School District
Detroit

Other Property Details

Area Name
Det: Livernois-I75 6-Gd River
Taxes
$3360.0000
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
25.0
View
N
County
Wayne
Water Source
Public (Municipal), Community
Pool
No
Zoning
Multi-Family

Property History

Date
Event
Price
Value
11/16/22
Active
-
-
9/2/22
Active Under Contract
-
-

 

Courtesy of Max Broock, REALTORS®-Detroit

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 Jeff Meldrum 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: MI - Realcomp II LTD. (REALCOMP)
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Data last updated 12:31 AM UTC, 11/28/22

@properties | Christie's International RE
Jeff Meldrum
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