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$ 400,000


This building offers a magnificent business opportunity. Great use for transit housing (or) care facility. Offers 37 bedrooms, 15 full baths, 4 half baths. Business entry area for check-in or Office. Partially finished basement with several laundry equipment in place, lots of storage and half bath. Features a large updated kitchen open to dining and rec area. Additional income opportunity to lease out the store front business that’s currently set-up as a barber shop or hair salon. If buyer chooses they can always convert the building back to an apartment building. A few of the units where still in the process of re-hab. Just a few has been some damage from a recent roof leak that has been repaired. Sale is for the building only, some fenced lots does NOT belong to the owner. Property is being sold AS-IS, 24 notice required to show. NO LAND CONTRACT, QUALIFIED BUYER’S ONLY

Address: 2601 CORTLAND ST
Zip: 48206
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Property Id : 25381
Price: $ 400,000
Bedrooms: 37
Building size: 0.00 acres
Available Space: 13368 sq.ft.
Active Openhouse Count: 0
Architecture Level: 3 Story
Assessment: nktla
Building Area Source: Public Records
Business Type: Residential,Service
CDOM: 27
Commercial Exterior Features: Gutter Guard System,Outside Lighting
Commercial Type: Apartments
Construction Materials: Brick
County Or Parish: Wayne
Current Use: VACANT
Directions From EastWest: W
Directions From EastWest Detail: LINWOOD
Directions From NorthSouth: S
Directions From NorthSouth Detail: DAVIDSON
Distance To Interstate: 3
DOM: 27
Foundation Details: Basement
Foundation Materials: Block
Frontage Feet: 180
Gross Scheduled Income: 0.00
Heating: Hot Water
Heating Fuel: Natural Gas
Last Change Type: New
List Office Name: Century 21 Today-F H
Lock Box Type: Appointment
Lot Size Dimensions: 180 X 90
MLS: Realcomp II Ltd
MLS Area Major: Det Woodward-Mcclellan/So Mack
MLS Area Major Number: 05053
MLS Number: 219086755
Monthly Sales: 0
Annual Net Income: 0.00
Number Of Units Total: 37
Office Heating: Hot Water,Steam
Operating Expense: 0.00
Original List Price: 400000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W10I007614S
Percent Leased: 0
Plant Heating: Hot Water,Steam
Postal City: Detroit
Property Type: Commercial
Protection Period: 365
Rent Includes: Garbage Pickup,Water/Sewer,Yard Maintenance
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer at Street
Short Sale: No
Side Of Street: W
Sqft Main: 13368
Sqft Office: 1000
Sqft Source: PRD
State Equalized Value: 58700.0000
Street Name: CORTLAND ST
Street Number: 2601
Table: Commercial
Taxable Value: 53058.0000
Tax Amount Summer: 4185.0000
Tax Amount Winter: 503.0000
Tax Legal Description: W LINWOOD 91 THRU 93 EXC LINWOOD AVE AS WD LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 10/126 60 X 90
Title: Private - Owned
Total Tax: 4688.0000
Unit Count: 1
Unit Efficiency Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 37
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 0
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1926
Zoning: Multi-Family
Airport: No
APOD Available: No
Customer Comment: Yes
Encroachment: Yes
Exclusions: Yes
Interstate: Yes
Inventory Included: No
Inventory List: No
Land Contract: No
Publish Sale Price: Yes
Railroad: No
Waterfront: No
Waterway: No
Zone Conform: Yes
IDX provided courtesy of Realcomp II Ltd., via Century 21 Today-F H and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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