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.
Provided through IDX through Realcomp II LTD
Originating MLS:
©2023 Realcomp II LTD Shareholders
Data last updated 3:52 PM UTC, 8/31/2023