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2623 Cochrane Street

Detroit, MI 48216
  • $1,575,000
  • STATUS: Active
  • ON SITE: 44 Days
  • ID#: 20230101738
UPDATED: 22 min ago
$1,575,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 1,100
    SQFT
  • $1,432
    $/SQFT
Type:
Multi-Family
Built:
2023
County:
Zoning:
Multi-Family
Lot Size Dimensions:
31 x 100

School Ratings & Info

School District:

Description

Fantastic Investment Opportunity in North Corktown! This newly constructed 6-unit apartment complex is ideally situated just minutes from Ford Central Station, top-notch dining, shopping, and the vibrant heart of downtown Detroit. These two separate 3-unit buildings are perfectly suited for lucrative short-term rental opportunities. Each unit is thoughtfully designed with contemporary finishes, ensuring tenant satisfaction and maximizing rental income. The proximity to Ford Central Station and downtown Detroit ensures a constant stream of potential tenants, whether they be business travelers, tourists, or city dwellers looking for convenience and style.North Corktown is a burgeoning neighborhood with a unique blend of historic charm and revitalization. This presents a remarkable opportunity for long-term appreciation in property value, making it a smart addition to any investment portfolio.

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IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-22T07:58:51.523.
www.refacmi.com/homes/146484658
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2623 Cochrane Street Detroit, MI 48216

  • Price: $1,575,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 22 min ago
  • ID#: 20230101738
0
Beds
10
Baths
0
½ Baths
0.07
Acres
1,100
SQFT
$1,432
$/SQFT
2023
Built
Neighborhood:
Plat Of Pc 27 Lognon Farm (Plats)
County:
Wayne
Area:
Det South Of Grand River
School District:
DETROIT
Property Description
Fantastic Investment Opportunity in North Corktown! This newly constructed 6-unit apartment complex is ideally situated just minutes from Ford Central Station, top-notch dining, shopping, and the vibrant heart of downtown Detroit. These two separate 3-unit buildings are perfectly suited for lucrative short-term rental opportunities. Each unit is thoughtfully designed with contemporary finishes, ensuring tenant satisfaction and maximizing rental income. The proximity to Ford Central Station and downtown Detroit ensures a constant stream of potential tenants, whether they be business travelers, tourists, or city dwellers looking for convenience and style.North Corktown is a burgeoning neighborhood with a unique blend of historic charm and revitalization. This presents a remarkable opportunity for long-term appreciation in property value, making it a smart addition to any investment portfolio.
Exterior Features

Architecture Level 2 Story Architecture Style Contemporary Construction Materials StuccoVinyl Foundation Details Slab Lot Size Dimensions 31 x 100 Pool YN No Road Frontage Feet 31 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement YN No Baths Total 10.00 Fireplace YN No Heating ENERGY STAR® Qualified Furnace EquipmentForced Air Heating Fuel Natural Gas Interior Features ENERGY STAR® Qualified Window(s)Programmable Thermostat Living Area Source Prior Listing Sq Ft Combined 1100 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 2 Unit Three Bed Number Of 0 Unit Two Bed Number Of 4

Property Features

Existing Lease YN No Gross Scheduled Income 0.00 Homestead YN No Income Projection Projected Land Contract YN No Listing Financing CashConventional Monthly Rental Income 0 Number Of Units Leased 0 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN No Pets Allowed Yes Postal City Detroit Protection Period 90 Settlement City Sewer Sewer at Street Short Sale No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Standard (Private) Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 2623 COCHRANE Street Water Source Water at Street Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via @properties Christie's Int'l RE Northville: (248) 850-8632 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-22T07:58:51.523.
 
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