Detroit, MI 48206,2601 CORTLAND ST

$255,000

Est. payment /mo

$400,000

36.3%
Est.Price: ?

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2601 CORTLAND ST Detroit, MI 48206

37 Beds

13,368 SqFt

SOLD DATE : 10/25/2019

Key Details

Sold Price $255,000

Property Type Commercial

Sub Type Apartments

Listing Status Sold

Purchase Type For Sale

Square Footage 13,368 sqft

Price per Sqft $19

Subdivision Linwood Heights Sub (Plats)

MLS Listing ID 219086755

Sold Date 10/25/19

Bedrooms 37

Originating Board Realcomp II Ltd

Year Built 1926

Annual Tax Amount $4,688

Lot Dimensions 180 X 90

Property Description

This building offers a magnificent business opportunity. Great use for transit housing (or) care facility. Offers 37 bedrooms, 15 full baths, 4 half baths. Business entry area for check-in or Office. Partially finished basement with several laundry equipment in place, lots of storage and half bath. Features a large updated kitchen open to dining and rec area. Additional income opportunity to lease out the store front business that's currently set-up as a barber shop or hair salon. If buyer chooses they can always convert the building back to an apartment building. A few of the units where still in the process of re-hab. Just a few has been some damage from a recent roof leak that has been repaired. Sale is for the building only, some fenced lots does NOT belong to the owner. Property is being sold AS-IS, 24 notice required to show. NO LAND CONTRACT, QUALIFIED BUYER'S ONLY

Location

State MI

County Wayne

Area Det Woodward-Mcclellan/So Mack

Zoning Multi-Family

Direction CORNER OF LINWOOD AND CORTLAND

Interior

Hot Water Natural Gas

Heating Hot Water

Heat Source Natural Gas

Exterior

Roof Type Asphalt

Road Frontage Paved

Building

Foundation Basement

Sewer Sewer at Street

Water Municipal Water

Level or Stories 3 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W10I007614S

Ownership Private Owned,Short Sale - No

SqFt Source PRD

Acceptable Financing Cash, Conventional, Warranty Deed

Listing Terms Cash, Conventional, Warranty Deed

Financing Cash,Conventional,Warranty Deed

Special Listing Condition Full Service

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Realcomp MLS
Listed by Jessica R Toomer of Century 21 Today-F H
Bought with A Star National Realty

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