$1,565,000
$1,200,000
30.4%For more information regarding the value of a property, please contact us for a free consultation.
1602 Bagley Street Detroit, MI 48216
17,100 SqFt
Key Details
Sold Price $1,565,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 17,100 sqft
Price per Sqft $91
Subdivision Woodbridge Farm As Divided By Cmrs (Also P147 Plt)
MLS Listing ID 20240054901
Sold Date 08/30/24
Originating Board Realcomp II Ltd
Year Built 1920
Annual Tax Amount $39,886
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 101.00 x 119.00
Property Description
Built in 1920, Beyster Terrace is an 18-unit multi-family building located in the heart of Historic Corktown. It is within walking distance of all the neighborhood's restaurants and retail, as well as Ford Motor Company’s nearly $1 billion Corktown Campus, which is expected to bring over 5,000 employees to the neighborhood. Spread out between two buildings that share a private, fenced courtyard, the exterior features charming architectural details in the brickwork. The first-floor apartments have private basement access, with ten apartments on Bagley and eight apartments on 10th Street. Fifteen of the apartments are currently occupied, with ten units being fully renovated, including modern kitchens, flooring, bathrooms with subway tile, refreshed paint, and some mechanical updates. The three unrenovated units allow new ownership to add value. Property tours will be Wednesday, August 7th from Noon - 1:30 PM and Wednesday, August 14th from Noon - 1:30 PM. Best & Final offers due by Tuesday, August 20th
Location
State MI
County Wayne
Area Det South Of Grand River
Zoning Multi-Family
Direction NW Corner of 10th Street and Bagley Street
Interior
Heat Source Natural Gas
Exterior
Roof Type White Roof
Road Frontage Class B, Paved
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W08I000390S
Ownership Short Sale - No,Private Owned
Assessment Amount $1,600
Acceptable Financing Cash, Conventional
Rebuilt Year 2022
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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Bought with O'Connor Realty Detroit, LLC