324 Hendrie St
Detroit, MI 48202
The Belnord · Multifamily Property For Sale
·
24 Units
Property Facts
| No. Units | 24 | Building Size | 26,552 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1914/1990 |
| Building Class | C | Parking Ratio | 0.75/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R5 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 26,552 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built/Renovated | 1914/1990 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | R5 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Ceiling Fans
- Crown Molding
- Hardwood Floors
Site Amenities
- Fenced Lot
- Property Manager on Site
- Smoke Free
About 324 HENDRIE ST , DETROIT, MI 48202
Impressive Turn-Key Multi-family building in Midtown Detroit. Located in the Art Center area of Midtown this beautiful building 1915 property offers amenities you would expect in a building constructed more recently- central air, separate heating and hot water heaters, hardwood floors and more. Charming interiors feature crown molding, built-in cabinetry, and some original kitchen cabinets. A common laundry room is located in the lower level. Adjacent gated and lit parking lot included in the sale provides for 20 parking spots. A Buyer may consider bringing additional units online from the unfinished basement level which provides large above-grade windows and approximately 3000 square ft. of potential. 324 E. Hendrie is 2 blocks East of the Woodward Avenue corridor where tenants can take advantage of the Q -Line running between Downtown and New Center. Adjacent to Wayne State University and College for Creative Studies. Close to the Detroit Medical Center, the Cultural Center, Michigan Science Center, Henry Ford Hospital. Easy to get to restaurants, i.e. Hop Cat, The Whitney, Jolly Pumpkin, Traffic Jam, Avalon Bakery, Rocco’s, Shangrila, Cass Cafe - all within 5 minutes. The Detroit Opera House, Orchestra Hall, Cobo Hall, and all the sports venues all within a 5-10 minute ride-share or via the Q. A very desirable location for tenants. Rarely a vacancy.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $760.00 | 500 |
| 1+1 | 12 | $900.00 | 700 - 900 |
| 2+1 | 4 | $1,025 | 1,000 - 1,100 |
| 3+1 | 2 | $1,175 | 1,200 |
Property Taxes
| Parcel Number | 01-001577 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $270,600 |
Property Taxes
