MI
Wayne
Detroit
48202
503 ALGER Street
503 ALGER Street, Detroit, MI 48202
Share Listing
Listing Type
Multi Family
Listing Status
active
35
$585,000
Home Details for 503 ALGER Street
Price
$585,000
Type
Residential Income
Bedrooms
16
Bathrooms
9.0
Square feet
7588
Year built
1918
Lot size acres
0.18
County
Wayne
Garage
2
Basement
Unfinished
Days on site
394
MLS Listing#
20240007747
Listing Courtesy: EXP Realty Main - 888-501-7085
Property Description
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.
Property Features
Heating Information
- Radiant
Water Features
- Public
Basement
- Unfinished
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220Request more details
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