Detroit, MI 48238,6330 Midland Street
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Detroit, MI 48238,6330 Midland Street
Detroit, MI 48238,6330 Midland Street
Detroit, MI 48238,6330 Midland Street
Detroit, MI 48238,6330 Midland Street

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$ 1,450,000
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6330 Midland Street Detroit, MI 48238

21 Beds

22 Baths

12,879 SqFt


UPDATED:

01/22/2025 06:08 PM

Key Details

Property Type Multi-Family

Sub Type Common Entry Building

Listing Status Active

Purchase Type For Sale

Square Footage 12,879 sqft

Price per Sqft $112

Subdivision Aston & Gittins Sub (Plats)

MLS Listing ID 20250004800

Style Common Entry Building

Bedrooms 21

Full Baths 22

Originating Board Realcomp II Ltd

Year Built 1927

Annual Tax Amount $6,104

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 60.00 x 126.00

Property Description

Well maintained multi family asset in University District, only 10 minutes from downtown Detroit! All units are subsidized under Section 8 program with an average rental rate of $1,161. Gross rent collection in 2024 of $195k+ with 2024 NOI $110k+. All major Capex completed (roof, windows, boiler, hot water tank, electrical, and plumbing). Currently two down units which provides the new buyer the
opportunity to add additional revenue along with adding laundry.

Location

State MI

County Wayne

Area Det 6-Tire - Grnfld - Livernois

Zoning Multi-Family

Direction N of Lodge Freeway and W of Livernois Enter On Corner Of Livernois & Midland

Rooms

Basement Unfinished, Common

Interior

Hot Water Natural Gas

Heating Radiant

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Common Entry Building

Level or Stories 3 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W16I007298S

Ownership Short Sale - No,Private Owned

Assessment Amount $100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional


Realcomp MLS
Listed by Alicia M Bronik of National Realty Centers, Inc
agent

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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