Exceptional investment opportunity in the Fort Shelby Residences, located in the heart of Detroit’s Central Business District. This offering includes two high-floor condos situated just below the penthouse level. Both units are fully leased through July 2026, providing immediate and reliable cash flow.
Residents benefit from the amenities of the Hilton DoubleTree Hotel located below the residences, including lobby reception, coffee shop, restaurant and bar, business and reception center, and fitness room. The residential floors sit above the hotel in the historic Albert Kahn tower, offering additional privacy.
These units enjoy extremely low property taxes—less than $3,000 per unit per year—thanks to the NEZ-Rehab tax abatement in place through 2032. The HOA does not restrict long-term leasing; short-term rentals are not permitted.
With continued development throughout West Downtown, including the Cambria Hotel, Water Square Apartments at the former Joe Louis site, and the Ralph C. Wilson Jr. Centennial Park, these condos are well-positioned for appreciation. As individual condominium units, they may also be sold separately in the future to maximize resale value.
2,209 Sq Ft
1,306.8 Sq Ft Tamaño del lote
comercial
USD 182 Impuesto mensual
Creado en 1927
MLS/ID del anuncio 20251054194
2 Unidades
Sótano
Construction - Stone
Construction - Brick
Bloque
COSTE MENSUAL TOTAL
USD 0
USD 0
USD 0
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the REALCOMP. Real estate listings held by brokerage firms other than {{BROKERAGE}} are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.