242 E Palmer 1 & 2 Active

Detroit,MI 48202

$ 327500

3 Beds

2 Baths

1984 SqFt


Key Details

Property Type Condo

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 1,984 sqft

Price per Sqft $165

MLS Listing ID 81024039800

Style Ranch

Bedrooms 3

Full Baths 2

HOA Fees $570/mo

Year Built 1920

Annual Tax Amount $478

Lot Size 8,712 Sqft

Property Description

Welcome to Midtown Art Center! Embrace the artsy side of Midtown, where you can walk to the Detroit Institute of Arts (DIA), Wayne State University, CCS, the public library, and the historical museum, while enjoying the tranquility of a true residential neighborhood. This original brick building blends Craftsman and Loft styles and features two garden-level condominiums, currently joined into one expansive living space. Easily revertible to two distinct units, this property offers flexibility and charm. Perfect for an artist's studio or a student investment property! Live in one unit and rent the other out! The main living area of the primary residence includes a welcoming living room, dining area, and a fully equipped kitchen. It features a large bedroom with a washer/dryer and a smallerbedroom used as a home office. A connecting entryway leads to the second unit with a versatile bonus room, currently an art studio with a kiln, plus a bedroom, bathroom, partial kitchen, and washer/dryer hookup. Enjoy easy access to shopping, dining, the Q-Line, and major freeways, along with the NEZ-homestead property tax abatement ensuring long-term financial advantages. Don't miss this chance to own a unique property in Midtown Art Center, offering modern convenience and urban living at its finest.

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Rooms

Kitchen Dishwasher,Disposal,Dryer,Microwave,Range/Stove,Refrigerator,Washer

Interior

Heating Forced Air

Cooling Central Air

Laundry 1

Exterior

Exterior Feature Private Entry

Pool No

Waterfront no

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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