MI
Wayne
Detroit City
48206
12170 DEXTER Avenue
12170 DEXTER Avenue, Detroit City, MI 48206
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Listing Type
Multi Family
Listing Status
Active
12
$350,000

Home Details for 12170 DEXTER Avenue

Price
$350,000
Type
Residential Income
Bedrooms
38
Bathrooms
33.0
Square feet
37143
Year built
1926
Lot size acres
0.22
County
Wayne
Garage
Basement
Full, Unfinished
Days on site
196
MLS Listing#
20250033480
Property Description

Opportunity to restore one of the last large elevator multifamily buildings in Detroit. Historic 33 unit with built out storefronts in the rapidly developing Dexter Corridor. Recently awarded over 30 million in grants this area surrounds Historic Russell Woods and is currently undergoing a massive street scape and infrastructure revitalization. The 27.5 mile Joe Louis Greenway will run through the Dexter Linwood corridor spurring additional retail and mixed use development for years to come. EV Charging stations, new water lines, extensive landscaping and areas for pedestrian walkways and retail currently in progress. Minutes away from New Center, The Fisher, Henry Ford Hospital and Police Headquarters, fifteen minutes from the Downtown Riverfront and Ferndale and Royal Oak to the north. 26 one bedroom apartments, six two bedrooms and a Super's unit on the garden level. This building was built for luxury and elegance with detailed marble and tile work that can be saved. This building is a FULL Rehab but even with moderate finishes and upgrades this building will be highly rentable at market rates, especially recent grads and relocations moving to Detroit for work and priced out of downtown and the suburbs. Here is a chance to make your mark on the city everyone is watching and get established before the area is priced out. BATVAI

Property Features
  • Heating Information
    • Natural Gas
    • Radiant
  • Basement
    • Full
    • Unfinished
  • Cooling Information
    • None
  • Utilities
    • Water Available
Listing Courtesy: RE/MAX Leading Edge - 313-277-7777
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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