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Updated Rivertown loft near Belle Isle asks $249K

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Courtesy of Saverio Montalto

The Lofts at Rivertown have a coveted location right across from Belle Isle on Jefferson. They’re a mile from West Village, and a couple miles to downtown. Soon, more development is heading nearby in Islandview, and the vacant land across the street could also see development soon. How might that impact the value of these lofts?

This new listing is located in the middle tower, with two bedrooms; expansive windows; exposed brick; polished concrete floors in the living spaces; a fully renovated bathroom with rainfall shower; a gorgeous white kitchen with a marble island, new refrigerator, wine rack, and additional cabinetry; and an open living area. It’s one of the nicer lofts we’ve seen in this complex, and its price reflects it. At 1,063 square feet, it’s listing for $249,000, or $234 per square foot. HOA fees are $445 per month. It’s listed through Saverio Montalto at Max Broock Realtors.

Lofts at Rivertown

6533 East Jefferson Ave., Detroit, MI 48207