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About the Listing 104360 - RC397223
The Atrium Apartments presents a rare opportunity to acquire a fully renovated 44-unit multifamily asset in one of Detroit's most dynamic and rapidly developing corridors. Located just off Woodward Avenue in the heart of the North End this grand four-story building blends historic character with modern upgrades and is positioned for strong long-term appreciation. The property features 44 thoughtfully designed units consisting of 18 studios, 22 one-bedroom units, and 4 two-bedroom units. The building showcases stylish apartments centered around a beautiful atrium with skylights, creating an inviting architectural focal point that enhances natural light and resident appeal. This offering also includes 8444 Woodward, a Woodward-facing parking lot with 18 dedicated parking spaces, in addition to ample street parking - an exceptional amenity along this major corridor. The property is located within a designated Opportunity Zone, adding potential long-term tax advantages for investors. 30 E Philadelphia has undergone a true infrastructure-up renovation, eliminating many of the common risks associated with older multifamily assets and remote ownership. All major systems are brand new, including electrical, plumbing, HVAC, fire suppression, new elevator, and fire alarm systems. Interiors feature modern kitchens with custom granite countertops, exposed brick accents, and luxury flooring, delivering a high-quality finish that competes with new construction. Amazing opportunity to capitalize on a turnkey asset. Ideally situated steps from Woodward Avenue and the QLINE, and within minutes of Wayne State University, the location offers walkability to restaurants, shops, and rapidly developing neighborhoods. 30 E Philadelphia stands as one of Detroit's most compelling investment opportunities for buyers seeking a fully modernized asset in a prime, high-growth corridor.
Listing Highlights
Status
Active
Days on Site
45
Property Type
Multi-Family
MLS ®
60990724
Year Built
1923
Total Square Footage
33,275
Lot/Acreage
0.24
County
Wayne
Neighborhood
Hubbards Bela
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 44 Full / 2 Half
- Appliances:
- Air Cond: Wall/Window A/C
- Heating: Electric Heat,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 33275
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 135.00X78.00
- Zoning: Multi-Family
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $8,266
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
30 E Philadelphia Detroit, MI 48202
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