30 E PHILADELPHIA Street, Detroit, MI 48202 2227
30 E PHILADELPHIA Street, Detroit, MI 48202 2227
30 E PHILADELPHIA Street, Detroit, MI 48202 2227
30 E PHILADELPHIA Street, Detroit, MI 48202 2227
30 E PHILADELPHIA Street, Detroit, MI 48202 2227
30 E PHILADELPHIA Street, Detroit, MI 48202 2227
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 6,900,000
Est. payment | /mo

90 Baths

33,275 SqFt

Save
$ 6,900,000
Est. payment | /mo
Save

90 Baths

33,275 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 33,275 sqft

Price per Sqft $207

Subdivision Mi

MLS Listing ID 60990724

Full Baths 44

Half Baths 46

Year Built 1923

Annual Tax Amount $8,265

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 135.00X78.00

Property Sub-Type Multi-Family

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

Area Detroit (82001)

Zoning Multi-Family

Rooms

Basement Finished

Interior

Heating Electric Heat, Forced Air

Cooling Wall/Window A/C

Fireplace No

Exterior

Exterior Feature Brick, Other

Building

Foundation Basement

Water Public Water

Structure Type Brick,Other

Schools

School District Detroit City School District

Others

Ownership Corporation

Energy Description Electric,Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Motown Property Management Inc

Schools and Properties Nearby

Learn More About LPT Realty

Shannon Bagdonas
Shannon Bagdonas

Team Lead / Broker Partner

+1(313) 766-8387

movinginmichigan.net

6838 Park Ave, Allen Park, MI, 48101-2036, USA

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30 E PHILADELPHIA Street