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7720 Pitt St
Detroit, MI 48209 Springwells

Price Upon Request

Apartments For Sale  •  53,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 53,000 SF
  • Lot Size 0.63 AC
  • Building Class B
  • Year Built 1926
  • Zoning R3
37 Transit Score
77 Walk Score

Highlights

This rare offer provides a 95% occupied, 50-unit apartment community with a mix of one and two-bedroom units and a prime location in SW Detroit.
47 of the units are currently leased, with three additional units primed for renovation, providing immediate value-add potential.
This easily accessible location is within 5 minutes ofI-75 and I-94, and within 15 minutes of Downtown Detroit.
Robust multifamily investment market, with a growing 5-mile population of 284,000 and 57% of residents currently renting their homes.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Cable Ready
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Smoke Free
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Carpet
  • Basement
  • Dining Room
  • Family Room
  • Garden
  • Handrails
  • Lawn
  • Smoke Detector