2500 HURLBUT Street $3,500,000

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    2500 HURLBUT Street Detroit, MI 48214

    • 0 Beds
    • 55 Baths
    • 16,511 sq. ft.
    • Multi-Family
    • MLS# 60251943
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    Views: 29 Days On Site: 98

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    Property Details

    Golden opportunity near downtown Detroit, featuring three apartment complexes with a total of 55 units. These properties are available with a low-interest land contract, saving a potential buyer thousands on interest and closing fees. All properties are located in Opportunity Zones. The locations include 2500 Hurlbut, Detroit 48214, offering 21 units, 2257 Hurlbut, Detroit 48214, with 18 units, and 2818 Benson, Detroit 48207, situated near the Eastern Market District and offering 16 units. The 2500 Hurlbut property has been recently updated. These renovations include updated kitchens, bathrooms, and common areas, roof, electrical systems, plumbing, and more. The deal comes with seven land lots and over 150 new windows. For more details or to schedule a private tour, please contact us via phone call or text, and we can provide comprehensive information, including a drive link for further exploration

    • General Features
      • Acreage 0.24
      • Area Municipality Detroit (82001)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision WATERWORKS (PLATS)
      • Waterfront Y/N No
      • Year Built 1922
      • ZONING Multi-Family
    • Building Features
      • Basement Type Common
      • Exterior Construction Brick
      • FUEL TYPE Natural Gas
      • Foundation Type Basement
      • Heating System Radiant
    • Property Features
      • Lot Size 100.00 x 104.00
      • Water Public Water
    • Schools
      • School District Detroit City School District

    Contact

    Matthew Bush

    Matthew Bush

    Top Producing Agent

    RE/MAX First

    Mobile Phone: 586-843-6869

    Neighborhood

    48214 (Detroit) Demographics

    43 Median Age
    3,787 Population Density (per sq. mile)
    31% College Educated
    $30,859 Estimated Median Income
    4,272 Estimated Total Home Owners
    6,303 Estimated Total Renters
    40% / 60% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    21,317 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $86,000 Median Sales Price
    10 Homes Sold
    15 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,500,000
        11/14/2023 6:50:15 AM Price Reduced Source: Multiple Listing Service New Value: $3,500,000 -2.78%
        9/1/2023 11:07:00 PM New in Database Source: Multiple Listing Service New Value: $3,600,000

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        ** Assumes 7.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.