MI
Wayne
Detroit
48214
4847 BALDWIN Street
4847 BALDWIN Street, Detroit, MI 48214
Listing Type
Multi Family
Listing Status
active
15
$1,150,000

Home Details for 4847 BALDWIN Street

Price
$1,150,000
Type
Residential Income
Bedrooms
22
Bathrooms
30.0
Square feet
15837
Year built
1925
Lot size acres
0.17
County
Wayne
Garage
Basement
Partially Finished
Days on site
91
MLS Listing#
20240068455
Listing courtesy: O'Connor Realty Detroit, LLC - 313-963-9891
Property Description

Located on Baldwin Street just north of The Villages neighborhood,The Balren apartment building is within close proximity to Downtown Detroit and all major highways. Built in 1925, the three story brick building has been under renovations and presents a value-add investment opportunity with potential for over $300,000 in gross income. List of improvements permitted and approved by BSEED include in-wall and underground plumbing, mechanical, electrical, new split units installed and new framing completed for 13 of 26 units. There’s a new laundry room with new concrete slab in basement. The building consists of 26 apartments including: - 6 studios - 18 one bedrooms - 2 two bedroom apartments. Expected monthly rents range from $850 to $1,250 per month. There’s an additional parking lot included directly next to the building.

Property Features
  • Heating Information
    • Forced Air
    • Electric
  • Water Features
    • WateratStreet
  • Basement
    • Partially Finished
Michigan Regional Information Center logoThe accuracy of all information, regardless of source, is not guaranteed or warranted. Allinformation should be independently verified. IDX Information is provided exclusively for consumers' personal, noncommercial 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. Courtesy of EXIT UNITED REALTY PROFESSIONALS. © 2024 Realcomp II Ltd. Shareholders.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
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 48220
Office
248 677 3220
Request more details
Code: