$350,000
- Beds
- 3
- Baths
- 2.0
- sq ft
- 1,984
242 E Palmer St Unit 1, Detroit, MI 48202
242 E Palmer St Unit 1
Detroit, MI 48202
- 28 days on market
- Price drop $10,000↓
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 smallerbedroom 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.
Details
Property type
Condominium
Lot size
8,712 sq ft
Price per sq ft
$177
Year built
1920
Annual property taxes
$478.18
Monthly HOA fee
$570
Price History
06/12/2024
![Realcomp](/_next/static/media/realcompLogo.047689dd.png)
Realcomp #81024028103
Price change
$350,000
-2.78%
06/04/2024
![Realcomp](/_next/static/media/realcompLogo.047689dd.png)
Realcomp #81024028103
Listed
$360,000
Schools & Community
Neighborhood:
Art Center
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
Detroit
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Tomo last checked: 07/02/2024 at 7:40 PM
Listing updated: 06/23/2024 at 4:23 PM
Listed by: Stephanie A Hale, Phone #: (734) 761-6600
MLS: Realcomp #81024028103
![Realcomp logo](/_next/static/media/realcompLogo.047689dd.png)
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