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(248) 345-5109
Real Estate Company
503 Alger St, Detroit, MI 48202
- $480,000
- 9
- BA
- 11,588
- SqFt
- Sold Price
- $480,000
- List Price
- $585,000
- Closing Date
- Apr 22, 2025
- MLS#
- 20240007747
- Status
- CLOSED
- Bathrooms
- 9
- Subdivision
- BEAMER & FRAERS SUB (PLATS)
Property Description
If you're searching for an investment property with a value-add opportunity, look no further! This 9-unit apartment building located in the heart of North End, offers lucrative investment opportunities to enhance the value and increase its income potential. The property features 8- 2 BR units & a large studio basement apartment. There are hardwood floors throughout, updated electrical, which is separate for each unit, and updated hot water tank. Annual income is projected. Measurements are approximate. Contact us today to schedule a viewing and explore this incredible investment opportunity.
Additional Information
- Year Built
- 1918
- Basement Type
- Unfinished
- Acres
- 0.18
- Style
- Colonial
- Acres
- 0.18
- School District
- Detroit
- Heating
- Natural Gas, Radiant
- Garage Spaces
- 2
- Garage Description
- 2 Car
Mortgage Calculator
Courtesy of EXP Realty Main 8885017085
Selling Office: Coldwell Banker Professionals-GPF.
IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and . Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.