Skip To Content

5918 Saint Antoine

Detroit, MI 48202
  • $6,400,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 20221005561
UPDATED: 52 min ago
$6,400,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 36
    BATHS
  • 0
    1/2 BATHS
  • 21,072
    SQFT
  • $304
    $/SQFT
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

School District:

Description

If you have been looking for a high end, low investment opportunity in tech town, look no further. This is your opportunity. Completely renovated in 2021 (cosmetics and mechanicals), this spectacular apartment building hosts a variety of floor plans with a variety of income opportunities. In fact, the opportunity is so great, every apartment is currently occupied and collecting a total monthly income over $42,000.00. Its turn key and ready for you to acquire. Over 21,000 square feet of modern living space with 25 units, and over a 6% cap rate. This building is in close proximity to several million dollars of future developments that are already planned, which will make your property value rise as the neighborhood is developed. Within one mile are several employers such as Ford Health Care, Rocket Mortgage and Blue Cross Blue Shield, just to name a few. Lastly, across the street is a planned development of 433 apartment units, along with retail, commercial, and co-working space. Showings by appointment only.

Monthly Payment Calculator



©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tom Lipinski Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-08-19T09:50:47.33.
www.buyeastsidehomes.com/homes/129887169
Print Image

5918 Saint Antoine Detroit, MI 48202

  • Price: $6,400,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 52 min ago
  • MLS #: 20221005561
0
Beds
36
Baths
0
½ Baths
0.2
Acres
21,072
SQFT
$304
$/SQFT
1912
Built
Neighborhood:
Wm H Brearleys Resub (Plats)
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
Property Description
If you have been looking for a high end, low investment opportunity in tech town, look no further. This is your opportunity. Completely renovated in 2021 (cosmetics and mechanicals), this spectacular apartment building hosts a variety of floor plans with a variety of income opportunities. In fact, the opportunity is so great, every apartment is currently occupied and collecting a total monthly income over $42,000.00. Its turn key and ready for you to acquire. Over 21,000 square feet of modern living space with 25 units, and over a 6% cap rate. This building is in close proximity to several million dollars of future developments that are already planned, which will make your property value rise as the neighborhood is developed. Within one mile are several employers such as Ford Health Care, Rocket Mortgage and Blue Cross Blue Shield, just to name a few. Lastly, across the street is a planned development of 433 apartment units, along with retail, commercial, and co-working space. Showings by appointment only.
Exterior Features

Exterior Construction Brick Foundation Type Basement Lot Size 120.00 X 72.00 Roads Paved Street Waterfront YN No

Interior Features

Basement YN Yes Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Assessments Amount 100 Assessments YN Yes Financial Terms CashConventional For Sale Or Rent For Sale Lease Information Water Included Lease YN Yes Municipality Detroit Municipality Type City Occupancy Negotiable Ownership Private Property Type Multi-Family SEV 142600 Subject To Short Sale Approval No Summer Tax Amount 3007 Total Tax Amount 3360 Type Historic Water Community Winter Tax Amount 353 Zoning Multi-Family

Listing courtesy of Max Broock, Realtorsãƒâ€Šã‚®-Detroit : 313-324-8430.

Source MLS: MiRealSource
Originating MLS: Realcomp

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tom Lipinski Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-08-19T09:50:47.33.
 
https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_1_60106836-2.jpg https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_1_60106836-2.jpg https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_1_60106836-2.jpg
Logo
The Tom Lipinski Team at Keller Williams Lakeside Market Center
45609 Village Blvd.
Shelby Township MI, 48315