Active

644 Martin Luther King Jr. Boulevard

Detroit MI, 48201

$3,199,000


$97.25 per sqft

Active

32,896 sqft

Commercial

38-Unit Apartment Building For Sale In Heart Of Detroit's Midtown Neighborhood Built in 2001, 26 1-bed & 12 2-bed. Units Individually Metered, Landlord Pays Water, Common Area Heat & Electric. PILOT In Place For Property Tax. Ideal For LIHTC Developers. Subject To The Affordable Housing Restrictions & Regulatory Agreement, This Building Is Perfect For Re-Syndication And An Ideal Candidate For The Millions Set Aside In The Detroit Affordable Housing Development & Preservation Fund. Owned And Operated By People United As One (PUAO), A Non-profit Organization Located In Detroit. PUAO Was Started By Homeless And Formerly Homeless People In July 1991. Its Mission Is To Uplift The Working Poor Through Counseling, Community Activism, And Economic Development. Their Programs Have Afforded Homeless Individuals The Opportunity To Obtain Basic Living Skills Training, Financial Assistance, Life Management Skills, Social And Psychological Counseling & Support Services. Pre-Qualified Showings Only

2220012338

MLS ID

February 24, 2022

Listed

August 31, 2023

Updated

Map

644 Martin Luther King Jr. Boulevard
Detroit MI, 48201

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Roof

Asphalt, Other, Rubber


Sewer

Public Sewer (Sewer-Sanitary), Sewer at Street

Other Property Details

Taxes

$100


Tax Frequency

Annually


Days on Market

648


Garage

No


Parking

No


View

No


County

Wayne


Water Source

Public (Municipal), Water at Street


Pool

No

 

Courtesy of Own It Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Elizabeth Tintinalli shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Originating MLS:
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Data last updated 3:52 PM UTC, 8/31/2023

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