5900-5938 Michigan Ave | Detroit, MI 48210
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- LoopNet Team
5900-5938 Michigan Ave
Detroit, MI 48210
Soldoris Apartments · Multifamily Property For Sale
·
22 Units
Investment Highlights
- Completely renovated in 2018-2019!
- 5900-5938 Michigan Ave. Entire block frontage on Michigan Ave from Wesson to Joe Street (approx. 220')! 5938 Michigan is a separate parcel included.
- Separate heat and separate electric services for each unit!
- Retail Appliance Store Rents for $1,300.00 separate utilities!
Property Facts
| No. Units | 22 | Building Size | 19,563 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1924/2019 |
| Building Class | C | Parking Ratio | 2.56/1,000 SF |
| Lot Size | 0.56 AC | ||
| Zoning | CM - B-4 General Business | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 19,563 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built/Renovated | 1924/2019 |
| Parking Ratio | 2.56/1,000 SF |
| Zoning | CM - B-4 General Business |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Patio
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Vintage Building
- Bicycle Storage
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $625.00 | 590 |
| 2+1 | 17 | $750.00 | 700 |
| Studios | 1 | $1,450 | 1,400 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $722,400 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$722,400
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