House Description

Introducing a rare opportunity to acquire 2941 East Warren, a historic four-story building located in the charming Poletown neighborhood of Detroit. This unique 29,400 square foot property, formerly the Banner Cigar Manufacturing Company, sits on 0.28 acres of land and is ideal for a stunning apartment or condominium conversion. Priced at $1,100,000, this property offers immense potential for redevelopment. Conveniently situated near major freeways and downtown Detroit, 2941 East Warren provides an excellent investment opportunity in a rapidly developing area. The sale also includes adjacent properties at 5013 & 5021 Mitchell, further enhancing its value. Don't miss the chance to own a piece of Detroit's history and shape its future. Property Sold AS IS BATVAI

Highlights

Listed by Alex Lauer , 313-974-1830 Clyde Realty LLC , 313-974-1830. MichRIC

Property Type

Multi-Family

Lot/Acreage

0.28

HOA Fee

Year Built

1913

County

Wayne

School District

Detroit

Listing ID

20250000212

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Payment Breakdown

Principal Interest

$4,635

Taxes

$96

HOA

Home Price

$900,000

Home Price

Loan Details

30 yrs

6.676%

Interest Rate

Loan Type

Down Payment

20%

$180,000

Down Payment

Down Payment %

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Monthly Price:

$4,634.55

Principal

Taxes