2623 COCHRANE Street, Detroit, MI 48216 - MLS#20230101738

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Jay Fontaine

jay@fontainerealtyteam.com +1(734) 718-7425

$1,575,000

Est. payment - /mo

6 Beds

10 Baths

1,100 SqFt

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UPDATED:

01/13/2024 07:14 PM

Key Details

Property Type Multi-Family

Sub Type Contemporary

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $1,431

Subdivision Plat Of Pc 27 Lognon Farm (Plats)

MLS Listing ID 20230101738

Style Contemporary

Bedrooms 6

Full Baths 10

Originating Board Realcomp II Ltd

Year Built 2023

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 31 x 100

Property Description

Fantastic Investment Opportunity in North Corktown! This newly constructed 6-unit apartment complex is ideally situated just minutes from Ford Central Station, top-notch dining, shopping, and the vibrant heart of downtown Detroit. These two separate 3-unit buildings are perfectly suited for lucrative short-term rental opportunities. Each unit is thoughtfully designed with contemporary finishes, ensuring tenant satisfaction and maximizing rental income. The proximity to Ford Central Station and downtown Detroit ensures a constant stream of potential tenants, whether they be business travelers, tourists, or city dwellers looking for convenience and style.North Corktown is a burgeoning neighborhood with a unique blend of historic charm and revitalization. This presents a remarkable opportunity for long-term appreciation in property value, making it a smart addition to any investment portfolio.

Location

State MI

County Wayne

Area Det South Of Grand River

Zoning Multi-Family

Direction Service Drive to Cochrane. North on Cochrane just past Pine Street on West Side of Street.

Interior

Interior Features ENERGY STAR� Qualified Window(s), Programmable Thermostat

Heating ENERGY STAR� Qualified Furnace Equipment, Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Waterfront no

Road Frontage Paved

Garage no

Building

Foundation Slab

Sewer Sewer at Street

Water Water at Street

Architectural Style Contemporary

Level or Stories 2 Story

Structure Type Stucco,Vinyl

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID 08006585.

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Listed by Kevin M Hill of @properties Christie's Int'l RE Northville

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Jay Fontaine

+1(734) 718-7425

Broker | License ID: 370315

Broker License ID: 370315

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