$585,000
Active
107 Days Online
0 Beds0 Baths7,588 SQFT
Active

503 Alger Street Detroit, MI 48202

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If you're searching for an investment property with a value-add opportunity, look no further! This 9-unit apartment building located in the heart of North End, offers lucrative investment opportunities to enhance the value and increase its income potential. The property features 8- 2 BR units & a large studio basement apartment. There are hardwood floors throughout, updated electrical, which is separate for each unit, and updated hot water tank. Annual income is projected. Measurements are approximate. Contact us today to schedule a viewing and explore this incredible investment opportunity.

  • Property TypeCondo
  • NeighborhoodBeamer &Amp; Fraers Sub (Plats)
  • CountyWayne
  • Taxes$1,967
  • HOA/Condo/Coop Fees$0
  • Days on Site107 Days
  • MLS StatusActive
  • MLS ID Number20240008286
  • Home Size Source Public Records
  • Year Built1918
  • Lot Size0.18 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Sewer Public Sewer
  • Number of Stories Three Or More
  • Water Public
  • Property Sub Type Apartment
  • Foundation Brick/ Mortar
  • Zoning Multi-Family

Interior Features

  • Heating RadiantNatural Gas

Exterior Features

  • Spa No
  • Waterfront Property No

Community Features

  • MLS Area Det: Livernois-I75 6-Gd River

Schools

School District
Detroit
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$3,095
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