26
See all 26 photos
$6,900,000
Est. payment /mo
90 Baths
33,275 SqFt
Price Dropped by $600K
30 E PHILADELPHIA Street Detroit, MI 48202 2227
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 33,275 sqft
Price per Sqft $207
Subdivision Mi
MLS Listing ID 60990724
Full Baths 44
Half Baths 46
Year Built 1923
Annual Tax Amount $8,265
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 135.00X78.00
Property Sub-Type Multi-Family
Property Description
The Atrium Apartments presents a rare opportunity to acquire a fully renovated 44-unit multifamily asset in one of Detroit's most dynamic and rapidly developing corridors. Located just off Woodward Avenue in the heart of the North End this grand four-story building blends historic character with modern upgrades and is positioned for strong long-term appreciation. The property features 44 thoughtfully designed units consisting of 18 studios, 22 one-bedroom units, and 4 two-bedroom units. The building showcases stylish apartments centered around a beautiful atrium with skylights, creating an inviting architectural focal point that enhances natural light and resident appeal. This offering also includes 8444 Woodward, a Woodward-facing parking lot with 18 dedicated parking spaces, in addition to ample street parking--an exceptional amenity along this major corridor. The property is located within a designated Opportunity Zone, adding potential long-term tax advantages for investors. 30 E Philadelphia has undergone a true infrastructure-up renovation, eliminating many of the common risks associated with older multifamily assets and remote ownership. All major systems are brand new, including electrical, plumbing, HVAC, fire suppression, new elevator, and fire alarm systems. Interiors feature modern kitchens with custom granite countertops, exposed brick accents, and luxury flooring, delivering a high-quality finish that competes with new construction. Amazing opportunity to capitalize on a turnkey asset. Ideally situated steps from Woodward Avenue and the QLINE, and within minutes of Wayne State University, the location offers walkability to restaurants, shops, and rapidly developing neighborhoods. 30 E Philadelphia stands as one of Detroit's most compelling investment opportunities for buyers seeking a fully modernized asset in a prime, high-growth corridor.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Finished
Interior
Heating Electric Heat, Forced Air
Cooling Wall/Window A/C
Fireplace No
Exterior
Exterior Feature Brick, Other
Building
Foundation Basement
Water Public Water
Structure Type Brick,Other
Schools
School District Detroit City School District
Others
Ownership Corporation
Energy Description Electric,Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Motown Property Management Inc
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION