30 PHILADELPHIA Street, Detroit, Michigan 48202

$7,500,000

Property Details

MLS#: 20261010862
Bedrooms: N/A
Bathrooms: 45
Square Feet: 39,930
Price per Sqft: $188
Lot Size: 0.24 acres
Year Built: 1923
Property Type: ResidentialIncome
Status: Active
Days on Market: 14

Description

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.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 30 PHILADELPHIA Street?

30 PHILADELPHIA Street is listed at $7,500,000, or $188 per square foot.

How many bedrooms does 30 PHILADELPHIA Street have?

This property has N/A bedrooms and 45 bathrooms, with 39,930 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

Similar Homes for Sale in Detroit

1771 BALMORAL Drive, Detroit — $7,000,000 · 15bd · 10ba · 24,000sqft
23740 Fenkell Street, Detroit — $6,750,000 · 131bd · 138ba · 67,608sqft
21400 7 Mile Road, Detroit — $4,800,000 · 88bd · 64ba · 50,478sqft