$735,000
$1,000,000
26.5%For more information regarding the value of a property, please contact us for a free consultation.
223 E FERRY Street Detroit, MI 48202
6,745 SqFt
Key Details
Sold Price $735,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 6,745 sqft
Price per Sqft $108
Subdivision D M Ferrys Sub Of Park Lot No 41(Plats)
MLS Listing ID 20221020478
Sold Date 12/05/22
Originating Board Realcomp II Ltd
Year Built 1900
Annual Tax Amount $2,743
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 70.00 x 161.00
Property Description
If these walls could talk...this Art Center mansion, originally the Rufus Goodell house, has lived many lives. It was converted into tenement housing in the 1940s, and is currently a 10-unit apartment building, with the same owner for the past 4 decades. So many historic details are still in tact, like original carved wood and wet plaster molding, fireplaces with the original tile, slate roof, stained glass, seven-point star copper window details, and beautiful wood floors. There is so much potential here, and future use could continue as a fully operational 10 unit apartment building, short term rentals, condo conversion, or even office use. Six units in the main structure, potential for 4 in the carriage house, possibly even basement "garden level" living space. Several units will need to be renovated to be operational once again. Brand new boiler services both the house and carriage house. Security camera system in place. Square footage is main house and carriage house combined. Art Center is the north part of Midtown, named for its proximity to the DIA and CCS. One block from major transportation lines, and shops and restaurants. NEZ-New/Rehab and NEZ-Homestead districts already in place. Zoned R5. East Ferry Avenue historic district.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family,Multiple,Residential
Direction Brush To E Ferry Make A Left. Apartment Will Be On The Right Side.
Interior
Hot Water Natural Gas
Heating Steam
Heat Source Natural Gas
Exterior
Waterfront no
Road Frontage Paved
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W01I001502S
Ownership Short Sale - No,Private Owned
Assessment Amount $240
Acceptable Financing Cash, Conventional, Warranty Deed
Listing Terms Cash, Conventional, Warranty Deed
Financing Cash,Conventional,Warranty Deed
Special Listing Condition Full Service
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Bought with Berkshire Hathaway HomeServices The Loft Warehouse