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644 Martin Luther King Jr. Blvd, Detroit, MI

$3,199,000

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38

Baths

33,896

Square feet

0.65

Acres

About 644 Martin Luther King Jr. Blvd

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.

Features of 644 Martin Luther King Jr. Blvd

MLS® # 2220012343
Price $3,199,000
Bathrooms 38.00
Full Baths 38
Square Footage 33,896
Acres 0.65
Year Built 2000
Type Multifamily
Sub-Type Other
Status Active

Community Information

Address 644 Martin Luther King Jr. Blvd
Area 05043-Det: Livernois-I75 6-Gd River
City Detroit
County Wayne
State MI
Zip Code 48201

Amenities

Parking Off Site, On Street, Paved
Is Waterfront No

Interior

Interior Features Elevator/Lift, Fire Sprinkler
Heating Baseboard
Cooling Window Unit

Exterior

Exterior Aluminum, Block/Concrete/Masonry, Other
Exterior Features Fenced, Playground
Foundation Basement

School Information

District Detroit

Additional Information

Zoning Multi-Family
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeOwn It Realty
Contact Info(313) 395-0000

Listing Map

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