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    1904-1906 Central St Detroit, MI 48209

    For Sale
    $499,000

    Six units near train, bridges, Corktown, and Mexican Village.

    Lot size:
    0.13 Acres

    Property Features for 1904-1906 Central St

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1925

    Source: A Star National Realty Agent Juan P Clavon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Six-Unit Apartment Building Near Bridges

    This six-unit apartment building is located near the renovated train station, new and old international bridges, Corktown, and Mexican Village. The building comprises two three-bedroom units, each with its own basement, and four two-bedroom units. Tenants are responsible for paying their own utilities, with the exception of water. The building has undergone lead abatement. The furnaces and roof are approximately four years old. All units are currently rented, except for one that is being updated.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1221891
    Latitude
    42.3101849

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    FAQs

    What type of property is this?
    Apartment building - Six units near train, bridges, Corktown, and Mexican Village.
    Where is this apartment building located?
    The property is located at 1904-1906 Central St Detroit, MI.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Prime location: close to the train station, international bridges, Corktown, and Mexican Village.; - Six-unit apartment building with a mix of unit sizes: two 3-bedroom units with basements and four 2-bedroom units.; - Tenants pay their own utilities (except water).
    (313) 863-3300
    Request Owner's contact information
    1904-1906 Central St Detroit, MI 48209
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1904-1906 Central St Detroit, MI 48209
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