644 Martin Luther King Jr. Boulevard

Detroit, MI, 48201

$3,199,000

$97 per ft²
$3,199,000
$97 per ft²
Active
Active
 - For Sale
baths
38 Baths
carpenters-square
32,896 ft²
property_type
Multi-family
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.
MLS® ID:
2220012343
Listed:
2/24/22
Updated:
3/31/23
@properties Christie's International Real Estate
Austin Black II

Interior Features

Total Bedrooms
0
Full Bathrooms
38
Interior Features
Elevator/Lift, Fire Sprinkler
Cooling
Window Unit(s)
Heating
Baseboard

Exterior/Building Features

Lot Size
0.65 acres lot
Exterior Features
Playground, Fenced
Architectural Style
Other
Roof
Asphalt, Other, Rubber
Sewer
Public Sewer (Sewer-Sanitary)

School Information

School District
Detroit

Other Property Details

Area Name
Det: Livernois-I75 6-Gd River
Taxes
$100.0000
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Wayne
Water Source
Public (Municipal), Water at Street
Pool
No
Zoning
Multi-Family
Buyer Agency Compensation
2%

 

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Originating MLS: MI - Realcomp II LTD. (REALCOMP)
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Data last updated 6:42 PM UTC, 3/31/23

@properties Christie's International Real Estate
Austin Black II
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