514 ALGER Street Active

Detroit,MI 48202

$ 250000

12 Beds

12 Baths

9737 SqFt


Key Details

Property Type Multi-Family

Sub Type Common Entry Building,Brownstone

Listing Status Active

Purchase Type For Sale

Square Footage 9,737 sqft

Price per Sqft $25

Subdivision Petrys

MLS Listing ID 20250019828

Style Common Entry Building,Brownstone

Bedrooms 12

Full Baths 12

Year Built 1920

Annual Tax Amount $3,615

Lot Size 6,969 Sqft

Property Sub-Type Common Entry Building,Brownstone

Property Description

Redevelopment opportunity. 12-unit building in North End neighborhood. Zoned R-3. Appealing brick exterior, ample parking capacity assuming option to purchase adjacent 522 Alger, which is DLBA owned.
Many newer windows. Interior is demo-ed to the studs.
Neighborhood includes a mix of newer (constructed in early 2000s) single family homes and historic structures.
May be eligible for PILOT Fast Track abatement.
Liability waiver required for access.
Price of $250,000 is firm.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Multi-Family

Interior

Heating Other

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash

Listing Terms Cash

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