242 E Palmer #1 & 2 Active

Detroit,MI 48202

$ 327500

3 Beds

2 Baths

1984 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,984 sqft

Price per Sqft $165

Municipality Detroit City

MLS Listing ID 24039800

Style Ranch

Bedrooms 3

Full Baths 2

HOA Fees $570/mo

HOA Y/N true

Year Built 1920

Annual Tax Amount $478

Tax Year 2023

Lot Size 8,550 Sqft

Acres 0.2

Lot Dimensions 50 X 171

Property Description

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. 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.

Location

State MI

County Wayne

Area Wayne County - 100

Direction Located on Palmer Between John R and Brush

Rooms

Basement Slab

Interior

Interior Features Kitchen Island

Heating Forced Air

Cooling Central Air

Fireplace false

Appliance Washer,Refrigerator,Range,Microwave,Dryer,Disposal,Dishwasher

Laundry In Unit,Main Level

Exterior

Exterior Feature Patio

Utilities Available Natural Gas Connected,Cable Connected,High-Speed Internet

Waterfront No

View Y/N No

Garage No

Building

Story 1

Sewer Public Sewer

Water Public

Architectural Style Ranch

Structure Type Brick

New Construction No

Schools

School District Detroit

Others

HOA Fee Include Water,Trash,Snow Removal,Sewer,Lawn/Yard Care

Tax ID 23002004.0997

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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