MI
Wayne
Detroit
48214
4847 BALDWIN Street
4847 BALDWIN Street, Detroit, MI 48214
Share Listing
Listing Type
Multi Family
Listing Status
active
10
$975,000

Home Details for 4847 BALDWIN Street

Price
$975,000
Type
Residential Income
Bedrooms
22
Bathrooms
Square feet
16573
Year built
1925
Lot size acres
0.17
County
Wayne
Garage
Basement
Partially Finished
Days on site
295
MLS Listing#
20250010328
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
  • Basement
    • Partially Finished
Listing Courtesy: O'Connor Realty Detroit, LLC - 313-963-9891
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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
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