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$ 449,000
Est. payment | /mo
5 Baths
0.26 Acres Lot
$ 449,000
Est. payment | /mo
5 Baths
0.26 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261084756
HOA Y/N true
Year Built 1890
Annual Tax Amount $26,818
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 70X161.42
Source Realcomp
Property Description
Offering 6,072 total square feet including the basement and loft, 255 E. Ferry Street presents a unique opportunity to restore a historic property while exploring its potential for multiple living spaces. The home sits on a deep 0.26-acre lot with a private driveway, generous yard and space for a potential carriage house that could provide an opportunity for an additional unit, subject to applicable approvals. The existing basement features a private exterior entrance, creating the potential to build it out as a separate residential unit or additional living space. Combined with the possibility of a future carriage house, the property offers flexibility for an owner looking to explore a multi-unit configuration as part of the larger restoration. Much of the groundwork for the property's next chapter is already complete. Architectural, construction and landscape plans have been approved by the Historic District Commission (HDC) and are ready to move forward to city permitting, giving the next owner a significant head start on the restoration process. Located in Detroit's Art Center Historic District near the Detroit Institute of Arts, College for Creative Studies, QLINE and other cultural destinations, 255 E. Ferry offers the opportunity to restore a piece of Detroit history while considering a range of future uses. Architectural and exterior landscape plans can be provided upon request with an accepted offer. The property currently has no power, so showings are limited to daylight hours. A disclosure for entry must be signed prior to entering the property. Floor plans are available in the downloadable documents.
Location
State MI
County Wayne
Zoning Residential
Direction on North side of Ferry btwn John R and Brush Streets- driveway off Ferry
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W01I001504S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by @properties Christie's Int'l R.E. Detroit
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