1450 6TH Street Active

Detroit,MI 48226

$ 1899000

6 Beds

8 Baths

7500 SqFt


Key Details

Property Type Multi-Family

Sub Type Historic,Quadruplex,Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $253

Subdivision Labrosse Farm (Deeds)

MLS Listing ID 20230059869

Style Historic,Quadruplex,Triplex

Bedrooms 6

Full Baths 8

Year Built 1906

Annual Tax Amount $177

Lot Size 0.420 Acres

Property Description

The Definitive Corktown Collection: a group of properties of various architectural styles exemplary of Corktown, in the heart of the neighborhood, and adjacent to the central business district and Riverfront. A developer?s opportunity for immediate cashflow, reactivation of the vacant structures, and vacant land for redevelopment. This site is in an Opportunity Zone and Neighborhood Enterprise Zone (New/Rehab). The package is made of four separate pieces: 1) Triangle-shaped vacant land to the north + vacated Labrosse St from 6th to Lodge; 2) 1450 Sixth, a brick 4-unit, occupied, newer roof and boiler, additional space in basement for one or two additional units; 3) the ?House Next Door,? at 1440 Sixth, a rare example of Greek Revival architecture, needing complete renovation and stabilization; 4) the Worker?s Row House at 1430 Sixth, originally a 3-unit tenement house, with roof, structure and exterior fully stabilized; There is additional land behind this structure that could be a great location for additional residential or carriage house. This location is walkable to the restaurants lining Michigan Avenue and one mile to Ford?s Michigan Central Innovation District. Most of the offering is combined under tax ID 06004564-743, except 1430 6th the Worker?s Rowhouse, which is tax ID 06004563. The properties are part of the Corktown historic district. The zoning is B6, General Services District, which allows residential, commercial and mixed use purposes. The parcels are also part of a Neighborhood Enterprise Zone (NEZ) "New-Rehab" district, which offers frozen taxable value for end users.

Location

State MI

County Wayne

Area Det South Of Grand River

Zoning Commercial,Residential

Interior

Hot Water Natural Gas

Heating Hot Water

Laundry 1

Exterior

Garage Spaces 8.0

Pool No

Waterfront no

Roof Type White Roof

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick,Wood

Schools

School District Detroit

Others

Acceptable Financing Cash,Conventional,Warranty Deed

Listing Terms Cash,Conventional,Warranty Deed

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