Sold
644 Martin Luther King Jr. Boulevard
Detroit MI, 48201
$1,550,000
$47.12 per sqft
Sold
32,896 sqft
Commercial
Built in 2001
38-Unit Apartment Building For Sale In Heart Of Detroit's Midtown Neighborhood Built in 2001, 26 1-bed & 12 2-bed. Units Individually Metered, Landlord Pays Water, Common Area Heat & Electric. PILOT In Place For Property Tax. Ideal For LIHTC Developers. Subject To The Affordable Housing Restrictions & Regulatory Agreement, This Building Is Perfect For Re-Syndication And An Ideal Candidate For The Millions Set Aside In The Detroit Affordable Housing Development & Preservation Fund. Owned And Operated By People United As One (PUAO), A Non-profit Organization Located In Detroit. PUAO Was Started By Homeless And Formerly Homeless People In July 1991. Its Mission Is To Uplift The Working Poor Through Counseling, Community Activism, And Economic Development. Their Programs Have Afforded Homeless Individuals The Opportunity To Obtain Basic Living Skills Training, Financial Assistance, Life Management Skills, Social And Psychological Counseling & Support Services. Pre-Qualified Showings Only
2220012338
MLSⓇ ID
February 24, 2022
Listed
November 20, 2024
Updated
Map
644 Martin Luther King Jr. Boulevard
Detroit MI, 48201
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
School Information
School District
Detroit
Other Property Details
Area Name
Det: Livernois-I75 6-Gd River
Taxes
$100
Tax Frequency
Annually
Days on Market
964
Garage
No
View
No
County
Wayne
Pool
No
Zoning
Multi-Family
Listing History
Date | Event | Price |
---|---|---|
7/9/2024 | Sold | $1,550,000 |
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Data last updated 4:01 PM UTC, 11/20/2024