8616 2nd Ave

Discover the vibrant potential of Detroit's 2nd Ave neighborhood, where historic charm meets modern opportunity. The area is renowned for its cultural richness, with the Detroit Institute of Arts and the Motown Museum beckoning enthusiasts from around the world. Nearby Wayne State University and the Henry Ford Hospital contribute to a robust local economy and a steady rental demand. The area is also dotted with charming cafes, trendy eateries, and boutique shops, offering residents an urban lifestyle full of convenience and excitement. With a rich cultural tapestry and a diverse range of amenities, the location presents an attractive opportunity for a Multifamily / High-Rise investment.Explore the potential of this exceptional Multifamily/Mid-Rise investment opportunity in Detroit. The property boasts a 9,337 SF building, housing 15 units, and exudes timeless charm with its 1925 construction. Zoned B4, it offers enticing development prospects in an area ripe for growth and rejuvenation. With a prime location in Detroit, this property presents an ideal canvas for a savvy investor to capitalize on the city's resurgence. The well-maintained structure and its prime positioning make this offering a compelling choice for those seeking a lucrative addition to their real estate portfolio.