MI
Wayne
Detroit City Wayne
48201
648 PRENTIS Street
648 PRENTIS Street, Detroit City Wayne, MI 48201
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Listing Type
Commercial/Industrial
Listing Status
active
63
$755,000

Home Details for 648 PRENTIS Street

Price
$755,000
Type
Commercial Sale
Bedrooms
6
Bathrooms
Square feet
3574
Year built
1905
Lot size acres
0.1
County
Wayne
Garage
Days on site
270
MLS Listing#
20250012675
Property Description

Nestled in the heart of Midtown Detroit, this fully occupied six-unit apartment building presents a rare investment opportunity in one of the city's most vibrant neighborhoods. Conveniently located near I-94, the Lodge Freeway, and Woodward Avenue, this historic property offers seamless access to all things Midtown, from cultural attractions to dining and entertainment. The building features a mix of units, including one studio-style apartment and one loft-style apartment, two one-bedroom units and two spacious two-bedroom apartments—one with a private balcony. Upgrades include new countertops, flooring, and disposals in every unit, as well as individual furnaces, water heaters, and window A/C units, with central air in the loft apartment. Each unit is equipped with a dedicated load center with resettable breakers, and fiber optic cable and internet are installed in the building. The basement and loft units are not shown in photos, and their measurements are not provided. The front porch has been completely rebuilt, and some windows have been replaced with Detroit Historical Society-approved designs. Inside, all original lathe and plaster have been converted to drywall, and the building is lead-based paint free certified. Emergency lighting, smoke, and carbon monoxide detectors are installed throughout. All plumbing has been replaced with copper and PVC. The property also features a basement coin laundry, upper and lower shared deck spaces, and dedicated (owned) parking. It has received full inspection clearance from the City of Detroit and meets all city code requirements. With 100% occupancy and long-term tenants, this historic building has steady income potential, and current rents remain under market value, offering room for future growth. ***Showings require 24-hour notice. Pre-approval or proof of funds must be provided before confirmation. The listing agent and property manager will accompany all showings.***

Property Features
  • Heating Information
    • Central
    • Forced Air
    • Space Heater
    • Electric
    • Natural Gas
  • Cooling Information
    • Central Air
    • Wall/Window Unit(s)
  • Utilities
    • Cable Connected
    • Underground Utilities
  • Parking
    • Alley Access
    • Assigned
  • Water Features
    • Public
Listing Courtesy: Century 21 Curran & Oberski - 248-264-1700
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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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