2623 Cochrane Street
Detroit, MI 48216
- – beds
- 10 baths
- 1,100 sqft
- 3,049 sqft lot
- $1,431 per sqft
- 2023 build
- – on site
Fantastic Investment Opportunity in North Corktown! This newly constructed 6-unit apartment complex is ideally situated just minutes from Ford Central Station, top-notch dining, shopping, and the vibrant heart of downtown Detroit. These two separate 3-unit buildings are perfectly suited for lucrative short-term rental opportunities. Each unit is thoughtfully designed with contemporary finishes, ensuring tenant satisfaction and maximizing rental income. The proximity to Ford Central Station and downtown Detroit ensures a constant stream of potential tenants, whether they be business travelers, tourists, or city dwellers looking for convenience and style.North Corktown is a burgeoning neighborhood with a unique blend of historic charm and revitalization. This presents a remarkable opportunity for long-term appreciation in property value, making it a smart addition to any investment portfolio.
Listing courtesy of REALCOMP / @properties Christie's Int'l RE Northville
Last checked:
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Last updated Nov 24, 2024
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MLS# 20230101738 —
The Building
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Year Built:2023
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Construction Materials:Stucco, Vinyl
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Architectural Style:Contemporary
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Foundation Details:Slab
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# of Units Total:6
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Stories:2 Story
Interior
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Features:ENERGY STAR® Qualified Window(s), Programmable Thermostat
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Basement:No
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Fireplace:No
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Total:1,100 Sqft
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Total Combined:1,100 Sqft
Financial & Terms
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Land Contract:No
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Short Sale:No
Location
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Directions:Service Drive to Cochrane. North on Cochrane just past Pine Street on West Side of Street.
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Directions From North South Detail:Pine aand 75 Service Drive
The Property
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Property Type:Multifamily
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Parcel Number:08006585.
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Zoning:Multi-Family
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Homestead:No
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Lot Size Dimensions:31 x 100
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Lot Size Area:0.07
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Frontage Feet:31
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Pool:No
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Waterfront:No
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (248) 850-8632
- Office phone:
- (248) 850-8632
Baths
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Total Baths:10
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Full Baths:10
Heating & Cooling
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Heating:ENERGY STAR® Qualified Furnace Equipment, Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Sewer at Street
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Water Source:Water at Street
Schools
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School District:Detroit
The Community
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Subdivision Name:PLAT OF PC 27 LOGNON FARM (PLATS)
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Pets Allowed:Yes
Extra Units
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Unit One Bed Number Of:2
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Unit Two Bed Number Of:4
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 Realcomp II Ltd. Shareholders
@properties Christie's Int'l RE Northville
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX 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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/8/24
Jan 8, 2024
|
Listed / Active | REALCOMP | $1,575,000 | |
12/3/22
Dec 3, 2022
|
REALCOMP | $17,000 | -32.0% (-11.6% / YR) | |
2/25/20
Feb 25, 2020
|
REALCOMP | $25,000 |