Pending

$175,000

2987 Gladstone St, Detroit, MI 48206

46beds

28,696sqft

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Multi Family

Built in 1925

-- sqft lot

$-- Zestimate^®

$6/sqft

$-- HOA

What's special

Rare opportunity to own a 34 unit apartment building on Detroit's West Side in the Jamison Neighborhood. Surrounded by Wildemere Park, Boston Edison, Henry Ford Hospital, New Center, etc. Short ride to The Downtown and Midtown area. Features 26 one bed units, 4 two bed units and 4 three bed units. Potential to acquire more lots and land surrounding the building and on the block through the city. BUYER TO SUBMIT DEMO DEFERRAL APPLICATION AFTER CLOSING WITH CITY OF DETROIT.

83 days

16

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 46
Bathrooms: 34
Full bathrooms: 34

Heating

Natural Gas, Radiant

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 28,696 sqft
Finished area above ground: 28,696

Property

Features

Levels: Story 4 to 10
Pool features: None

Lot

Size: 0.29 Acres
Dimensions: 120.00 x 106.00

Details

Parcel number: W12I002337S
Zoning description: Commercial
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Brick
Foundation: Basement, Brick Mortar

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: WM HOLMES SUB

Location

Region: Detroit

Financial & listing details

Price per square foot: $6/sqft
Tax assessed value: $2,858
Annual tax amount: $347
Date on market: 6/6/2024
Cumulative days on market: 334 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Warranty Deed

Estimated market value

Not available

Estimated sales range

Not available

$1,096/mo

Price history

Date	Event	Price
8/26/2024	Pending sale	$175,000$6/sqft
Source: Realcomp II #20240039509 Report a problem
6/6/2024	Listed for sale	$175,000-10.3%$6/sqft
Source: Realcomp II #20240039509 Report a problem
6/4/2024	Listing removed	$195,000$7/sqft
Source: Realcomp II #20240010028 Report a problem
2/19/2024	Listed for sale	$195,000-49.9%$7/sqft
Source: Realcomp II #20240010028 Report a problem
2/19/2024	Listing removed	--
Source: Realcomp II #20230103623 Report a problem
12/13/2023	Listed for sale	$389,000$14/sqft
Source: Realcomp II #20230103623 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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