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5961 14th St

50 Unit Apartment Building For Sale Detroit, MI 48208

EXECUTIVE SUMMARY

This 31,441 Square Foot 3 Story Building, once known as Finn Hall during the early to mid 1900’s and a beacon in Detroit, has undergone major renovations.
The building allows the property to be repurposed for up to 50 apartments, with a potential of 100 apartments with the adjacent land. The property could also include an retail component for a mixed-use redevelopment. The property is located in an area where the City of Detroit is offering various incentives to buyers and developers.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Condition Lease Option
No. Units 50
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.27 AC
Building Size 31,441 SF
No. Stories 3
Year Built/Renovated 1924/2019

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access
  • Maintenance on site

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-005119
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$106,400

ZONING

Zoning Code CM (Commerical)
CM (Commerical)
  • Listing ID: 29337584

  • Date on Market: 8/22/2023

  • Last Updated:

  • Address: 5961 14th St, Detroit, MI 48208

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