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An Opportunity to Buy For Cheap in Historic Midtown High Rise

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Want to live in the heart of midtown next to the Detroit Institute of Arts? The newly listed unit 311 in the Park Shelton building offers someone the opportunity make a killing on a foreclosed two-bedroom with two full bathrooms. A 1,266 square foot condo sold in this building last May for $224,060, but unit 311 is asking just $136,900 for an apartment of the exact same size! You'll be responsible for the $661/mo condo fee and it seems you'll be on the lower floors. Two-bedrooms in this building rent for $1300/month so if you get a good mortgage rate, you might just be paying around that amount to own. The building, built as The Wardell hotel in 1926, features a doorman and lower-level commercial tenants such as The Peacock Room, a store that lucked out on architectural treasure! · 15 Kirby St, Unit 311 Detroit, MI 48202 [Michigan Homes]
· The Park Shelton [Official]

Park Shelton

15 E Kirby St, Detroit, MI