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644 Martin Luther King Jr. Boulevard, Detroit, MI 48201

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644 Martin Luther King Jr. Boulevard, Detroit, MI 48201
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38-Unit Apartment Building For Sale In Heart Of Detroit's Midtown Neighborhood Built in 2001, 26 1-bed & 12 2-bed. Units Individually Metered, Landlord Pays Water, Common Area Heat & Electric. PILOT In Place For Property Tax. Ideal For LIHTC Developers. Subject To The Affordable Housing Restrictions & Regulatory Agreement, This Building Is Perfect For Re-Syndication And An Ideal Candidate For The Millions Set Aside In The Detroit Affordable Housing Development & Preservation Fund. Owned And Operated By People United As One (PUAO), A Non-profit Organization Located In Detroit. PUAO Was Started By Homeless And Formerly Homeless People In July 1991. Its Mission Is To Uplift The Working Poor Through Counseling, Community Activism, And Economic Development. Their Programs Have Afforded Homeless Individuals The Opportunity To Obtain Basic Living Skills Training, Financial Assistance, Life Management Skills, Social And Psychological Counseling & Support Services. Pre-Qualified Showings Only.

$3,199,000.00

Estimated Monthly Payment: $14,360.28 (including taxes & insurance estimates)

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Property Details

City: DetroitProperty Type: Multi Unit - Multiple
Lot Size: 0.65 AcresSchool District: Detroit
Bathrooms: 38 fullStatus: Active
Square Feet: 32896Year Built: 2000
MLS#: 2220012343 

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Property Features

Property Type: Multi Unit - MultipleHeating: Baseboard
Architecture: OtherInterior: Elevator/Lift, Fire Sprinkler
Basement: CommonLot Dimensions: 0.65 Acre(s)
Cooling: Window Unit(s)Lot Size: 0.65 Acres
Days on Site: 217Lower Level Finished Sqft: 1000
Exterior: Aluminum, Block/Concrete/MasonryRoad Frontage: Pub. Sidewalk
Exterior Features: Playground, FencedSummer Tax: $100.0000
Fenced: YesWater Heater: Common, Natural Gas
Foundation: BasementWinter Tax: $0.0000
Frontage Feet: 150Year Built: 2000
Fuel Type: Electric, Natural Gas 

School Information

School District: Detroit

Listed By

Agency Name: Own It Realty
Agency Phone: (313) 395-0000

Shown By

Agency Title: Russ Ravary
Agency Phone:

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