514 ALGER ST Active

Detroit,MI 48202

$ 300000

- Bed

12 Baths

9737 SqFt


Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 9,737 sqft

Price per Sqft $30

Subdivision Petrys

MLS Listing ID 20250019828

Style Brownstone,CommonEntryBuilding

Full Baths 12

Year Built 1920

Property Sub-Type MultiFamily

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.

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Interior

Heating OtherHeatingSource

Exterior

Pool None

View Y/N No

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

New Construction No

Schools

School District Detroit

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition ShortSaleNo, Standard

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