458 HAGUE Street, Detroit, MI 48202 - MLS#20240071806

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Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 1,100,000

Est. payment -/mo

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458 HAGUE Street Detroit, MI 48202

3 Beds

8.5 Baths

4,756 SqFt

UPDATED:

11/25/2024 02:59 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,756 sqft

Price per Sqft $231

Subdivision Wayne County Condo Plan 1154 The New Center

MLS Listing ID 20240071806

Style Quadruplex

Bedrooms 3

Full Baths 7

Half Baths 3

Originating Board Realcomp II Ltd

Year Built 1910

Annual Tax Amount $1,019

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 125.00 x 36.00

Property Description

This beautifully transformed building in the North End of Detroit includes four impeccably renovated condos with modern layouts and finishes, currently generating strong rents due to their thoughtful design and high-quality finishes. All utilities are separately metered, ensuring ease of management for future owners. The sale includes an adjacent lot at 455 E Philadelphia St (Parcel Number 01002632), offering great potential for future development or use as a tenant amenity to further boost rental income. Contributing to the�investment potential, the�surrounding area is experiencing significant growth, including developments like The Beauton (retail and residential), newly built townhomes on Marston and John R, and the Detroit Food Commons. This property offers immense investment flexibility: With North End property values appreciating consistently and the area dotted with development at every turn, you can reap the rewards of above-market rents while maintaining the freedom to sell individual units at any time. Additionally, you have the option to develop the adjacent lot, further enhancing the long-term potential of this investment.
The property was recently converted to condos and are individually identified as follows:
? 458 Hague Unit 1: 01002633001
? 458 Hague Unit 2: 01002633002
? 458 Hague Unit 3: 01002633003
? 458 Hague Unit 4: 01002633004

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Multi-Family

Direction Woodward to Hague st

Rooms

Basement Finished

Interior

Interior Features Egress Window(s)

Hot Water Electric

Heating Forced Air, Separate Meters

Cooling Central Air, Separate Meter

Fireplace no

Heat Source Natural Gas

Exterior

Roof Type Asphalt

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Architectural Style Quadruplex

Level or Stories 3 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W01I002633S002

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conv. Blend Rt, Conventional, FHA, Trade/Exchange

Rebuilt Year 2022

Listing Terms Cash, Conv. Blend Rt, Conventional, FHA, Trade/Exchange

Financing Cash,Conv. Blend Rt,Conventional,FHA,Trade/Exchange

Listed by Shalom Dubov of O'Connor Realty Detroit, LLC

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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