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41 Glendale St
Highland Park, MI 48203
Inez Building · Multifamily Property For Sale
·
20 Units
PROPERTY FACTS
| No. Units | 20 | Building Size | 6,134 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1924/1965 |
| Building Class | F | Parking Ratio | 3.26/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | residential - Residential | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | F |
| Lot Size | 0.28 AC |
| Building Size | 6,134 SF |
| Average Occupancy | 0% |
| No. Stories | 4 |
| Year Built/Renovated | 1924/1965 |
| Parking Ratio | 3.26/1,000 SF |
| Zoning | residential - Residential |
AMENITIES
UNIT AMENITIES
- Kitchen
- Tub/Shower
- Walk-In Closets
- Yard
- Basement
- Dining Room
- Family Room
ABOUT 41 GLENDALE ST , HIGHLAND PARK, MI 48203
This 20 large unit apartment building is located off of Woodward Ave and Glendale St. It's 4 total floors including the basement walkup building. Located only a 7 minute drive from Downtown Detroit (Quicken Loans, GM headquarters, Blue Cross Blue Shield MI Headquarters, and much more), and only a 5 minute drive to Midtown(WSU, CCS, DMC hospital, Henry Ford Hospital, VA hospital, and much more). Located right off of Woodward Ave which is Detroit's most bustling business Avenue, with best public transportation options in the entire city (a bus every 7 minutes, and also an expanding Qline Streetcar) Also located next to all major freeways (I75, Lodge 10, I96, Davison 8, and I94). Built in the roaring 1920's, all brick and beautiful facade, hardwood floors throughout. Each of the 20 units is extremely large compared to modern apartments, it could be converted into 30 modern size apartments. The side lot 43 glendale st. is also included in the sale which can be converted into a parking lot for the future tenants. Excellent investment opportunity, once restored will provide years of rental income . The building has been abandoned for a few years, and would require a complete rehab, Roof is still intact and the surrounding exterior walls are all intact.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 20 | $750.00 | 200 - 300 |
PROPERTY TAXES
| Parcel Number | 43-012-04-0177-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,300 |
PROPERTY TAXES
