3760 W Chicago, Detroit, Mi 48206

$325,000
  • 3760 W Chicago, Detroit, Mi 48206 Main Photo

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(Short Sale) - Active
BEDS0 BATHS22 full SQUARE FEET11,878 MLS#20261047364
STATUS(Short Sale) - Active PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONM C Q U A D E S D E X T E R B L V D SCHOOLDetroit

Property Description

Exceptional value-add multifamily opportunity in Detroit's Highly Desirable Boston-Edison neighborhood. This 11,876 sq. ft. building sits on a 0.23-acre lot and is configured for 16 residential units, including six 2-bedroom units, seven 1-bedroom units, and three studio apartments, plus dedicated basement maintenance quarters. Significant improvements have already been completed, including a newer roof, dry basement, and recently scoped sewer lines. The property has been taken down to the studs and includes Detroit City- approved, stamped architectural plans, providing a streamlined path toward redevelopment and completion. Investors may follow the approved plans or customize the project to suit their own vision. Located in one of Detroit's most Historic and sought-after neighborhoods, this property presents a rare opportunity to redevelop a substantial multifamily asset with considerable upside. Ideal for investors, developers, or owner-operators seeking a value-added project with extensive pre-development work already in place.

3760 W Chicago | MLS# 20261047364

This multi-family property located at 3760 W Chicago, Detroit, Mi 48206 is currently listed for sale with an asking price of $325,000. W Chicago is located within the Detroit school district. Search Detroit real estate on thuygimby.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Heating: Forced Air, Other Heating Source
Home Style: Upper Lower Apartment
Lot Size: 0.23 Acres
Stories: 3.0
Taxes: $16,533
Year Built: 1926

Feature Descriptions

Community Features: Sidewalks
Days on Site: 12
Exterior: Brick
Lot Dimensions: 91.4X108
Parcel#: W14I003541S
Pets Allowed: Call
Sewer: Public Sewer, Sewer At Street
Summer Tax: 6959
Units: 16
Water: Public, Waterat Street
Winter Tax: 9574

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: Signature Sotheby's International Realty Bham
Agency Phone: 2486447000

Shown By

Agent Name: Thuy (Twee) Gimby
Agent Phone: Cell: (734) 502-1984
Agency Title: Key Realty

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Estimated Payment

$ 3,290.50 per month $1,817.96 Principal & Interest $1,377.75 Property Tax $94.79 Homeowner's Insurance

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