7720 Pitt St | Detroit, MI 48209
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- LoopNet Team
7720 Pitt St
Detroit, MI 48209
Pitt Central Manor · Multifamily Property For Sale
·
50 Units
INVESTMENT HIGHLIGHTS
- This rare offer provides a 95% occupied, 50-unit apartment community with a mix of one and two-bedroom units and a prime location in SW Detroit.
- This easily accessible location is within 5 minutes ofI-75 and I-94, and within 15 minutes of Downtown Detroit.
- 47 of the units are currently leased, with three additional units primed for renovation, providing immediate value-add potential.
- Robust multifamily investment market, with a growing 5-mile population of 284,000 and 57% of residents currently renting their homes.
PROPERTY FACTS
| No. Units | 50 | Lot Size | 0.63 AC |
| Property Type | Multifamily | Building Size | 53,000 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | B | Year Built | 1926 |
| Zoning | R3 - Single Family Residential District | ||
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.63 AC |
| Building Size | 53,000 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1926 |
| Zoning | R3 - Single Family Residential District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Carpet
- Basement
- Dining Room
- Family Room
- Garden
- Handrails
- Lawn
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $473,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$473,600
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