$2,100,000
$1,750,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
50 Beds
50 Baths
53,000 SqFt
SOLD DATE : 05/08/2025
Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 53,000 sqft
Price per Sqft $39
Subdivision Sub Of Lot 6 Of Pc 60 (Plats)
MLS Listing ID 20250013893
Sold Date 05/08/25
Style Other
Bedrooms 50
Full Baths 50
Originating Board Realcomp II Ltd
Year Built 1926
Annual Tax Amount $17,080
Lot Size 0.630 Acres
Acres 0.63
Lot Dimensions 112.00 x 37.00
Property Sub-Type Other
Property Description
Pitt Central Manor presents a unique opportunity to acquire a well-maintained, five-building apartment community in the highly sought-after Southwest Detroit neighborhood. Located at the intersection of Central and Pitt Streets, this 50-unit property includes 47 fully leased units, plus three additional units primed for renovation, offering immediate value-add potential. The unit mix includes 29 spacious two-bedroom apartments and 21 one-bedroom residences, all featuring hardwood floors, expansive layouts, and abundant natural light. With strong occupancy rates and sustained demand for quality housing in Southwest Detroit, Pitt Central Manor offers an investment opportunity for someone seeking stable cash flow and option to capitalize on untapped potential through property enhancements. Property tours will be Tuesday, March 11th Noon - 1:00 PM and Tuesday, March 18th Noon - 1:00 PM. Call For Offers Friday, March 21st
Location
State MI
County Wayne
Area Det South Of Grand River
Zoning Multi-Family
Direction NW Corner of Central and Pitt
Rooms
Basement Partially Finished
Interior
Heating Forced Air, Radiant
Fireplace no
Heat Source Natural Gas
Exterior
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Other
Level or Stories 3 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W20I004946S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with O'Connor Realty Detroit, LLC
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