Detroit, MI 48203,303 COVINGTON Drive

$740,000

Est. payment /mo

$750,000

1.3%
Est.Price: ?

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303 COVINGTON Drive Detroit, MI 48203

15 Beds

340,000 SqFt

SOLD DATE : 02/04/2022

Key Details

Sold Price $740,000

Property Type Commercial

Sub Type Apartments

Listing Status Sold

Purchase Type For Sale

Square Footage 340,000 sqft

Price per Sqft $2

Subdivision Merrill Palmer (Also Pg 55 )

MLS Listing ID 2210095921

Bedrooms 15

Year Built 1967

Annual Tax Amount $9,444

Lot Size 10,890 Sqft

Property Description

Great opportunity to own this mid century 15-unit apartment in the heart of Palmer Park on Detroit?s Northwest side. The apartment features nine one bedroom one bath apartment units and six two-bedroom two bath units. This is a great location directly across the street from new state of the art tennis courts, newly installed splash park, also adjacent to the Detroit Golf Club which is Home to the (Rocket Mortgage Classic). The property is 60 percent occupied while the other units are gutted and ready for rehab.

Location

State MI

County Wayne

Area Det 6-8 Grfld-Dequindre

Zoning Commercial,Multi-Family

Interior

Heating Radiant

Exterior

Waterfront no

Building

Foundation Basement

Sewer Sewer at Street

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Assessment Amount $750

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Full Service

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Realcomp MLS
Listed by Gordon A Hawkins of Hawkins Realty Group, Inc
Bought with Keller Williams Realty-Great Lakes

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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