Sheridan Court Apartments & The Wellesley | 4401-4417 2nd Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Sheridan Court Apartments & The Wellesley 4401-4417 2nd Ave
121 Unit Apartment Building For Sale Detroit, MI 48201
Investment Highlights
- Heat of Midtown
- Two (2) Midrise Multi-family Apartment buildings
- Excellent Location
Executive Summary
For Sale by Court Appointed Receiver – Two (2) Multi-Family Apartment Buildings in Midtown, Detroit.
Sheridan Court – Four (4) story 66,600 +/- square foot midrise multifamily building that was built in 1919. The property is comprised of 16 studios, 70 -1BR/1BA and 4 -2BR/1BA, with three (3) commercial units and is zoned SD2-special development district. Upgrades include a new boiler, new fire exit doors, interior LED lighting and landscaping.
4417 2nd Ave, Detroit, MI 48201
The Wellesley – Three (3) story 17,905 +/- square foot midrise multifamily building that was built in 1930. The property is comprised of 14 studios and 14 – 1BR/1BA and is zoned R5- medium density residential district. Upgrades include a newer boiler, landscaping and a new roof.
651 W Hancock Street, Detroit, MI 48201
Close Proximity to the Lodge Freeway, Wayne State University, Detroit Institute of Ats, Detroit Historical Museum, Michigan Science Museum and several shops/restaurants.
All offers considered.
Sheridan Court – Four (4) story 66,600 +/- square foot midrise multifamily building that was built in 1919. The property is comprised of 16 studios, 70 -1BR/1BA and 4 -2BR/1BA, with three (3) commercial units and is zoned SD2-special development district. Upgrades include a new boiler, new fire exit doors, interior LED lighting and landscaping.
4417 2nd Ave, Detroit, MI 48201
The Wellesley – Three (3) story 17,905 +/- square foot midrise multifamily building that was built in 1930. The property is comprised of 14 studios and 14 – 1BR/1BA and is zoned R5- medium density residential district. Upgrades include a newer boiler, landscaping and a new roof.
651 W Hancock Street, Detroit, MI 48201
Close Proximity to the Lodge Freeway, Wayne State University, Detroit Institute of Ats, Detroit Historical Museum, Michigan Science Museum and several shops/restaurants.
All offers considered.
Property Facts
| Sale Type | Investment | Lot Size | 0.87 AC |
| No. Units | 121 | Building Size | 84,565 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1919/2019 |
| Apartment Style | Mid Rise | Opportunity Zone |
Yes
|
| Building Class | B |
| Sale Type | Investment |
| No. Units | 121 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.87 AC |
| Building Size | 84,565 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1919/2019 |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Elevator
- Maintenance on site
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 30 | - | 460 - 600 |
| 1+1 | 84 | - | 695 - 770 |
| 2+1 | 4 | - | 1,005 |
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 04-0009329 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $379,200 |
PROPERTY TAXES
Parcel Number
04-0009329
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$379,200
zoning
| Zoning Code | SD2 & RM5 (SD2- Special Development District - Sheridan R5 - Medium Density Residential District - Wellesley) |
| SD2 & RM5 (SD2- Special Development District - Sheridan R5 - Medium Density Residential District - Wellesley) |
-
Sam Madorsky -
Michael Shapiro -
Mark Kassab -
M. Shapiro Development Company, LLC
1 of 64
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Sheridan Court Apartments & The Wellesley | 4401-4417 2nd Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.