$337,500
MLS # 24039800 | Listed by Howard Hanna
MLS # 24039800 | Listed by Howard Hanna
242 E Palmer, 1 & 2, Detroit, Mi 48202 is a $337,500, 1,984 square foot, 3 bedroom, 2.0 bath home on a 0.20 acre lot located in Detroit, MI.
Welcome to Midtown Art Center! Embrace the artsy side of Midtown, where you can walk to the Detroit Institute of Arts (DIA), Wayne State University, CCS, the public library, and the historical museum, while enjoying the tranquility of a true residential neighborhood. This original brick building blends Craftsman and Loft styles and features two garden-level condominiums, currently joined into one expansive living space. Easily revertible to two distinct units, this property offers flexibility and charm. Perfect for an artist's studio or a student investment property! Live in one unit and rent the other out! The main living area of the primary residence includes a welcoming living room, dining area, and a fully equipped kitchen. It features a large bedroom with a washer/dryer and a smaller bedroom used as a home office. A connecting entryway leads to the second unit with a versatile bonus room, currently an art studio with a kiln, plus a bedroom, bathroom, partial kitchen, and washer/dryer hookup. Enjoy easy access to shopping, dining, the Q-Line, and major freeways, along with the NEZ-homestead property tax abatement ensuring long-term financial advantages. Don't miss this chance to own a unique property in Midtown Art Center, offering modern convenience and urban living at its finest.
Above Grade Sqft | 1,984 |
Basement | Slab |
Appliances | Dishwasher Disposal Microwave Range Refrigerator Washer |
Cooling Types | CoolingYN - Yes |
Heating Types | Forced Air HeatingYN - Yes |
Exterior Features | AssociationYN - Yes Patio Cash Conventional Cable Connected Natural Gas Connected |
Construction Types | Brick |
Water Source | Public |
Property Type | Residential |
Property Sub Type | Condominium |
Style | Stories - 1 |
Year Built | 1920 |
HOA Fee | $570.00 |
HOA Fee Frequency | Daily |
Taxes | $478.00 |
County | wayne |
School District | detroit |
High School | detroit |
Terms Available | Conversion Approved CONV Contract of Sale - MH Conventional MH/Land Package on CONV Exchange |
Listing Agent | Stephanie Hale |
Based on information from the Michigan Regional Information Center, LLC MLS, last updated 09/12/2024 at 11:11pm MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.