Offering 6,072 total square feet including the basement and loft, 255 E. Ferry Street presents a unique opportunity to restore a historic property while exploring its potential for multiple living spaces. The home sits on a deep 0.26-acre lot with a private driveway, generous yard and space for a potential… Read More carriage house that could provide an opportunity for an additional unit, subject to applicable approvals. The existing basement features a private exterior entrance, creating the potential to build it out as a separate residential unit or additional living space. Combined with the possibility of a future carriage house, the property offers flexibility for an owner looking to explore a multi-unit configuration as part of the larger restoration. Much of the groundwork for the property's next chapter is already complete. Architectural, construction and landscape plans have been approved by the Historic District Commission (HDC) and are ready to move forward to city permitting, giving the next owner a significant head start on the restoration process. Located in Detroit's Art Center Historic District near the Detroit Institute of Arts, College for Creative Studies, QLINE and other cultural destinations, 255 E. Ferry offers the opportunity to restore a piece of Detroit history while considering a range of future uses. Architectural and exterior landscape plans can be provided upon request with an accepted offer. The property currently has no power, so showings are limited to daylight hours. A disclosure for entry must be signed prior to entering the property. Floor plans are available in the downloadable documents. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of @properties Christie's Int'l R.E. Detroit, [email protected], (313) 230-0510.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multifamily
Square Ft.
3,876
Lot Size
0.26 Acres
Year Built
1890
MLS Number
20261084756
30 Days Snapshot Of 48202
$156k
-6%
(avg) sold price
8
-55%
homes sold
91
+30%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
3 total units, 1 one-bedroom unit, 2 two-bedroom units, Built in 1890, Architectural style: Historic, Brick, 3,876 total square feet, 3,876 combined square feet, 1,407 total basement square feet, Unit count: 3
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.26, Lot size dimensions: 70X161.42
Miscellaneous
Gross scheduled income: $0, Income projection: Projected, Monthly rental income: $0, Net operating income: $0
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