Detroit, MI 48206,12170 DEXTER AVE
Detroit, MI 48206,12170 DEXTER AVE
Detroit, MI 48206,12170 DEXTER AVE
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$350,000
Est. payment /mo
33 Baths
37,143 SqFt
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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 37,143 sqft

Price per Sqft $9

Subdivision Linwood Heights (Plats)

MLS Listing ID 20250033480

Style CommonEntryBuilding,Historic,HighRise

Full Baths 33

Year Built 1926

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type MultiFamily

Property Description

Opportunity to restore one of the last large elevator multifamily buildings in Detroit. Historic 33 unit with built out storefronts in the rapidly developing Dexter Corridor. Recently awarded over 30 million in grants this area surrounds Historic Russell Woods and is currently undergoing a massive street scape and infrastructure revitalization. The 27.5 mile Joe Louis Greenway will run through the Dexter Linwood corridor spurring additional retail and mixed use development for years to come. EV Charging stations, new water lines, extensive landscaping and areas for pedestrian walkways and retail currently in progress. Minutes away from New Center, The Fisher, Henry Ford Hospital and Police Headquarters, fifteen minutes from the Downtown Riverfront and Ferndale and Royal Oak to the north. 26 one bedroom apartments, six two bedrooms and a Super's unit on the garden level. This building was built for luxury and elegance with detailed marble and tile work that can be saved. This building is a FULL Rehab but even with moderate finishes and upgrades this building will be highly rentable at market rates, especially recent grads and relocations moving to Detroit for work and priced out of downtown and the suburbs. Here is a chance to make your mark on the city everyone is watching and get established before the area is priced out. BATVAI

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Common, Full, Unfinished

Interior

Heating NaturalGas, Radiant

Exterior

Pool None

View Y/N No

Roof Type Asphalt

Building

Foundation Basement, Block, BrickMortar, Poured, Stone

Sewer PublicSewer

Water WateratStreet

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard


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Realcomp MLS
Listed by Heather Dell of RE/MAX Leading Edge

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Matthew Stransky

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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12170 DEXTER AVE