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Kathy Wilson
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(586) 840-0400
Direct Office:
(248) 646-6203
kwteam@
hwwbrealtors.com
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FOR SALE
$499,500
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226 Hendrie Street
Detroit, MI 48202

Single Family
Residence
7
Beds
3
Baths
+
1 Half
3,756
Sqft
0.16
Lot Size
Courtesy: Max Broock, REALTORS®-Detroit

Description for 226 Hendrie Street Detroit, MI 48202

Incredible development/investment opportunity for a historic home in the Detroit Art Center area without the historic district constraints. 3,700+ Sq Ft of living space that includes 7 bedrooms and 3.5 baths with additional common area/flex rooms on each floor. Renovation is well underway and presents a tremendous opportunity for someone to capitalize on its completion. The space is clean and organized for an immediate jump-start to completing your project and can be lived in while doing so. Numerous development projects in the area, both in progress and completed, contribute to a trajectory of increasing values. The location's proximity to the DIA, WSU, CCS, freeways, mass transit, retail and dining make it superb for rentals. Best of all, this home qualifies for NEZ-R and has already been approved by the City of Detroit and is in the final stages of State issuance of a 15-year tax abatement. The NEZ-R(ehab) certificate will freeze the value of the home prior to the improvements being made for 15 years which translates to extremely low taxes with no homestead requirement. Full documentation to be provided upon offer acceptance. Alley access and rear supports a garage/accessory dwelling unit. Enjoy the photos but come experience the space. If you have a vision, it can be realized here.

Property Details

20221021774
Single Family, Other
7
Wayne
3 Full/1 Half
1905
0.16 Acres
Brick
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Courtesy: Max Broock, REALTORS®-Detroit
IDX provided courtesy of Realcomp II Ltd., via Kathy Wilson and , Copyright 2024 Realcomp II Ltd. Shareholders
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Member of: Berkshire Hathaway HomeServices Kee Realty, (586) 840-0400
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Kathy Wilson

880 S. Old Woodward Avenue, Birmingham, MI 48009 | Phone: (248) 646-6203 | Email: kwteam@hwwbrealtors.com

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