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$1,899,000

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6 BD

8 BA

7,500 SqFt

Active

1450 6TH Street Detroit, MI 48226

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Motus Real Estate

[email protected] +1(248) 270-5999

UPDATED:

11/09/2023 09:05 PM

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

Originating Board Realcomp II Ltd

Year Built 1906

Annual Tax Amount $177

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions irregular

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

Direction Michigan Ave to 6th St, head south, property is on the left

Rooms

Basement Unfinished

Interior

Interior Features Laundry Facility

Hot Water Natural Gas

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 8.0

Pool No

Waterfront no

Roof Type White Roof

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Historic, Quadruplex, Triplex

Level or Stories 2 Story

Structure Type Brick,Wood

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W06I004564C743

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, Warranty Deed

Listing Terms Cash, Conventional, Warranty Deed

Financing Cash,Conventional,Warranty Deed

Listed by Berkshire Hathaway HomeServices The Loft Warehouse

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1450 6TH Street Detroit, MI 48226

Motus Real Estate

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1450 6TH Street