514 ALGER Street Active

Detroit,MI 48202

$ 350000

12 Beds

12 Baths

9737 SqFt


Key Details

Property Type Multi-Family

Sub Type Common Entry Building,Brownstone

Listing Status Active

Purchase Type For Sale

Square Footage 9,737 sqft

Price per Sqft $35

Subdivision Petrys

MLS Listing ID 20250019828

Style Common Entry Building,Brownstone

Bedrooms 12

Full Baths 12

Year Built 1920

Annual Tax Amount $3,615

Lot Size 6,969 Sqft

Property Sub-Type Common Entry Building,Brownstone

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 Det: Livernois-I75 6-Gd River

Zoning Multi-Family

Interior

Heating Other

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash

Listing Terms Cash

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