644 Martin Luther King Jr. Boulevard, Detroit, Michigan

$3,199,000

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32,896

Square feet

About 644 Martin Luther King Jr. Boulevard

38-Unit Apartment Building For Sale In Heart Of Detroit's Midtown Neighborhood Built in 2001, 26 1-bed & 12 2-bed. Units Individually Metered, Landlord Pays Water, Common Area Heat & Electric. PILOT In Place For Property Tax. Ideal For LIHTC Developers. Subject To The Affordable Housing Restrictions & Regulatory Agreement, This Building Is Perfect For Re-Syndication And An Ideal Candidate For The Millions Set Aside In The Detroit Affordable Housing Development & Preservation Fund. Owned And Operated By People United As One (PUAO), A Non-profit Organization Located In Detroit. PUAO Was Started By Homeless And Formerly Homeless People In July 1991. Its Mission Is To Uplift The Working Poor Through Counseling, Community Activism, And Economic Development. Their Programs Have Afforded Homeless Individuals The Opportunity To Obtain Basic Living Skills Training, Financial Assistance, Life Management Skills, Social And Psychological Counseling & Support Services. Pre-Qualified Showings Only

Features of 644 Martin Luther King Jr. Boulevard

MLS® # 60043853
Price $3,199,000
Square Footage 32,896
Acres 0.00
Year Built 20
Type Commercial
Sub-Type Commercial/Industrial
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 644 Martin Luther King Jr. Boulevard
Area Detroit
City Detroit
County Wayne
State Michigan
Zip Code 48201

Amenities

Is Waterfront No

Interior

Heating Baseboard

Exterior

Roof Asphalt, Other-See Remarks, Rubber
Construction Block, Log, Other
Foundation Basement

Additional Information

Zoning Multi-Family
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeOwn It Realty

Listing Map

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