This Multifamily Property is no longer advertised on LoopNet.com.

615 Field St
Detroit, MI 48214
 Field Apartments · Multifamily Property For Sale · 38 Units

Apartment Buildings Michigan Detroit 615 Field St, Detroit, MI 48214

Investment Highlights

  • Multi-Family community comprised of one 4-story building with 38 apartments; fully vacant providing a value-add opportunity to reno
  • Property Tours Available on October 12th & 24th by appointment only, please reach out to Richard Deptula to schedule.
  • Opportunity for lower-cost basis to deliver refreshed units versus tear down/new build due to rising construction costs
  • Conveniently situated ±3 miles NE of Downtown Detroit, across Jefferson Avenue from Belle Isle and within walking distance to the newly opened Meijer
  • Immediately West of the Riverview Jefferson Health Campus and Ascension St. John Riverview Center | Within miles of Stellantis Jefferson Plant and GM
  • Located within a Federal Opportunity Zone across Jefferson Avenue to two public parks and MacArthur Bridge to Belle Isle

Property Facts

Sale Condition Auction Sale Lot Size 0.41 AC
Type of Ownership Fee Simple Building Size 22,722 SF
No. Units 38 Average Occupancy 0%
Property Type Multifamily No. Stories 4
Property Subtype Apartment Year Built 1925
Apartment Style Low-Rise Parking Ratio 0.35/1,000 SF
Building Class C Parcel Numbers
15-007503
  • 15-007504
  • 15-007505
Zoning R-5 - Medium Density Residential District
Sale Condition Auction Sale
Type of Ownership Fee Simple
No. Units 38
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.41 AC
Building Size 22,722 SF
Average Occupancy 0%
No. Stories 4
Year Built 1925
Parking Ratio 0.35/1,000 SF
Zoning R-5 - Medium Density Residential District
Parcel Numbers
15-007503
  • 15-007504
  • 15-007505

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 36 - -
2+1 2 - -

Links

 

  • Listing ID: 26672777

  • Date on Market: 9/20/2022

  • Last Updated:

  • Address: 615 Field St, Detroit, MI 48214

The Islandview Multifamily Property at 615 Field St, Detroit, MI 48214 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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