26
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$7,500,000
Est. payment /mo
46 Baths
10,454 Sqft Lot
Active
30 E PHILADELPHIA Street Detroit, MI 48202
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261010862
Year Built 1923
Annual Tax Amount $8,265
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 135.00X78.00
Source Realcomp
Property Description
The Atrium Apartments presents a rare opportunity to acquire a fully renovated 44-unit multifamily asset in one of Detroit's most dynamic and rapidly developing corridors. Located just off Woodward Avenue in the heart of the North End this grand four-story building blends historic character with modern upgrades and is positioned for strong long-term appreciation. The property features 44 thoughtfully designed units consisting of 18 studios, 22 one-bedroom units, and 4 two-bedroom units. The building showcases stylish apartments centered around a beautiful atrium with skylights, creating an inviting architectural focal point that enhances natural light and resident appeal. This offering also includes 8444 Woodward, a Woodward-facing parking lot with 18 dedicated parking spaces, in addition to ample street parking—an exceptional amenity along this major corridor. The property is located within a designated Opportunity Zone, adding potential long-term tax advantages for investors. 30 E Philadelphia has undergone a true infrastructure-up renovation, eliminating many of the common risks associated with older multifamily assets and remote ownership. All major systems are brand new, including electrical, plumbing, HVAC, fire suppression, new elevator, and fire alarm systems. Interiors feature modern kitchens with custom granite countertops, exposed brick accents, and luxury flooring, delivering a high-quality finish that competes with new construction. Amazing opportunity to capitalize on a turnkey asset. Ideally situated steps from Woodward Avenue and the QLINE, and within minutes of Wayne State University, the location offers walkability to restaurants, shops, and rapidly developing neighborhoods. 30 E Philadelphia stands as one of Detroit's most compelling investment opportunities for buyers seeking a fully modernized asset in a prime, high-growth corridor.
Location
State MI
County Wayne
Zoning Multi-Family
Direction Woodward and Philadelphia Intersection
Interior
Heating Forced Air
Cooling Wall Unit(s)
Exterior
View Y/N No
Handicap Access Ramped Entrance
Building
Water Public
Structure Type Brick,Other
Schools
School District Detroit
Others
Tax ID W01I004328S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition {"Other":true}
Listed by Motown Property Management Inc
NEARBY SCHOOL & BUSINESS
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