3737 Scovel Place, Detroit, MI 48208 (MLS# 24029554)

3737 Scovel Place, Detroit, MI 48208

$900,000
Property Type: Multi Family Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $900,000 List Date: 4/21/2025 Last Modified: 9/03/2025

Description

Great investment opportunity! Newly updated 20 unit occupied apartment building with leases in place in a convenient location. Find your way downtown in less 10 minutes or to midtown in just 5 minutes!The building comes with ample parking in an attached concrete lot directly next to building. The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are 10 one bedroom units and 10 studio units. The majority of all units have newer flooring, paint, and lighting. All unit doors have are equipped steel doors with keyless/digital entry as well as deadbolt locks. All units have their own electric meter along with heating and cooling units. Each unit is separately metered. All tenant pay thier own electric bills. All one bedroom units have new

Supplements: furnaces and AC units. Each studio units have new mini-split systems that have heat and AC. The majority of the plumbing stacks have been replaced. The front door has new hinges and locking mechanism, the back door is an all new steel door. The roof was aluminum seal coated in 2016. The hot water tank was replaced for the entire building in 2016. The entire Building has newer windows. All common areas have new LED light fixtures. A new camera system has been installed throughout the entire building and outside.

More Information MLS# 24029554

Location & Property Info

Cross Streets: S of I96 N of I94 Property Sub-Type: 5+ Units Municipality: Detroit City

Office/Contract Info

Auction or For Sale: For Sale

General Property Info

New Construction: No Lot Dimensions: 45.00X140.00 Road Frontage: 20 Waterfront: No Basement: Yes Total # Units: 20 # of Diff Unit Floor Plans: 2 Total # Bldgs: 1 Total Parking Spaces: 12 School District: Detroit Lot Measurement: Acres Lot Square Footage: 6534 Lot Acres: 0.15 Year Built: 1927

Tax Info

Taxable Value: 147487 SEV: 289400 For Tax Year: 2023 Seller's Annual Property Tax: 12844 Tax Year: 2023 Homestead %: 0 Spec Assessment & Ty: none Tax ID #: 12009873.

Remarks & Misc

Public Remarks: Great investment opportunity! Newly updated 20 unit occupied apartment building with leases in place in a convenient location. Find your way downtown in less 10 minutes or to midtown in just 5 minutes!The building comes with ample parking in an attached concrete lot directly next to building. The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are 10 one bedroom units and 10 studio units. The majority of all units have newer flooring, paint, and lighting. All unit doors have are equipped steel doors with keyless/digital entry as well as deadbolt locks. All units have their own electric meter along with heating and cooling units. Each unit is separately metered. All tenant pay thier own electric bills. All one bedroom units have new Legal: S SCOVEL PLACE 5 E 1/2 4 MC LAUGHLINS SUB L22 P53 PLATS, W C R 12/106 45 X 140.18

Waterfront Options

Water Access Y/N: No

Street Type

Paved: 1

Util Avail at Street

Natural Gas Available: 1

Utilities Attached

Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1

Laundry Features

None: 1

Exterior Material

Brick: 1

Roofing

Rubber: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Radiant: 1

Access Feat

Accessibility Features: No

Tenant Pays

Electric: 1 Gas: 1

Substructure

Full: 1

Owner Pays

Trash Collection: 1

Unit 1

Unit Description: Studio Identical Units: 10 Bathrooms: 1 Full Baths: 1

Unit 2

Unit Description: 1 Bed Identical Units: 10 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Possession

Subject To Tenant Rights: 1

Location Property Info

County: Wayne Street #: 3737 Street Name: Scovel Suffix: Place State: MI Zip Code: 48208 Area: Wayne County - 100

OfficeContract Info

Status: Active Current Price: $900,000 List Price: $900,000 Listing Date: 2024-06-07

Remarks Misc

Directions: From the I-96 go west on West Grand Blvd, turn south on Scovel Place, the property is one the right side of the street

Property Features

Laundry Features: None Exterior Material: Brick Roofing: Rubber Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected Util Avail at Street: Natural Gas Available Owner Pays: Trash Collection Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Radiant Street Type: Paved Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None
Listing Office: Golden Key Real Estate LLC
Listing Agent: Ryan Heward
IDX
Last Updated: September - 03 - 2025
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