226 Hendrie Street Detroit, MI 48202
Incredible development/investment opportunity for a historic home in the Detroit Art Center area without the historic district constraints. 3, 700+ Sq Ft of living space that includes 7 bedrooms and 3.5 baths with additional common area/flex rooms on each floor. Renovation is well underway and presents a tremendous opportunity for someone to capitalize on its completion. The space is clean and organized for an immediate jump-start to completing your project and can be lived in while doing so. Numerous development projects in the area, both in progress and completed, contribute to a trajectory of increasing values. The location’s proximity to the DIA, WSU, CCS, freeways, mass transit, retail and dining make it superb for rentals. Best of all, this home qualifies for NEZ-R and has already been approved by the City of Detroit and is in the final stages of State issuance of a 15-year tax abatement. The NEZ-R(ehab) certificate will freeze the value of the home prior to the improvements being made for 15 years which translates to extremely low taxes with no homestead requirement. Full documentation to be provided upon offer acceptance. Alley access and rear supports a garage/accessory dwelling unit. Enjoy the photos but come experience the space. If you have a vision, it can be realized here.
- Property TypeSingle Family Home
- NeighborhoodCorliss &Amp; Andrus Sub of S 1/2 of Prk Lot 43(Plats)
- CountyWayne
- Taxes$3,832
- HOA/Condo/Coop Fees$0
- Days on Site18 Days
- MLS StatusActive
- MLS ID Number20221021774
- Home Size Source N/A
- Year Built1905
- Lot Size0.16 Acres
- Full Baths3
- Partial Baths1
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General Features
- Style Neoclassical
- Construction Brick
- Sewer Public Sewer
- Basement Interior Entry ( Interior Access)Unfinished
- Number of Stories Three Or More
- Acreage 0.16
- Water Public
- Security Security Alarm (rented)
- Utilities Cable AvailableOther
- Foundation SlabBrick/ Mortar
Interior Features
- Heating Forced AirNatural Gas
- Appliances DishwasherDryerFree- Standing FreezerFree- Standing Gas RangeFree- Standing RefrigeratorStainless Steel Appliance(s)Washer
- Interior Smoke AlarmOtherHigh Speed Internet Available
- Fireplace No
Exterior Features
- Roof Asphalt
- Spa No
- Waterfront Property No
- Patio And Porch Porch - CoveredPorch
Community Features
- Pets Cats O KDogs O KYes
- Senior Community No
- MLS Area Det: Livernois-I75 6-Gd River
- Security Features Security Alarm (rented)