Rehab Opportunity in a Luxury High-Rise 1300 E. Lafayette #507. Discover the potential of this spacious four-bedroom corner unit at 1300 E. Lafayette Cooperative, a prestigious high-rise community in Lafayette Park. Situated on the 5th floor, this residence offers stunning views of the city, park, and river, providing a rare opportunity to create a custom-designed home at a fraction of the cost of Downtown Detroit living. With an in-unit laundry connection and a versatile floor plan, this unit is ideal for buyers looking to renovate and invest in one of the citys most desirable locations. Residents of 1300 Lafayette East Cooperative enjoy a worry-free lifestyle, with the monthly HOA covering property taxes, heat, air conditioning, basic cable, professional management, building maintenance, and 24-hour security. The community offers an array of luxury amenities, including a state-of-the-art fitness center, yoga studio, two heated outdoor pools, and secure indoor and outdoor parking options. Located in a gated, full-service community, this home offers the perfect combination of privacy, convenience, and vibrant city living. Just steps from the GM Renaissance Center, Greektown, the Detroit RiverWalk, Eastern Market, and an array of grocery stores, restaurants, and cafes, residents enjoy unparalleled access to the best of Detroit. This is a unique opportunity to bring your vision to life in one of the citys most sought-after residential buildings. Schedule your private showing today and explore the possibilities! Co-op Financing available with National Cooperative Bank, Camryn Remsing.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 9
- Kitchen: 9.00 x 12.00
- Kitchen Level: First/Entry
- Bedroom: 11.00 x 11.00
- Bedroom Level: First/Entry
- Living Room: 19.00 x 25.00
- Living Room Level: First/Entry
- Bedroom - Primary: 12.00 x 17.00
- Bedroom - Primary Level: First/Entry
- Bedroom: 11.00 x 11.00
- Bedroom Level: First/Entry
- Bedroom: 11.00 x 11.00
- Bedroom Level: First/Entry
- Basement Description: Finished, Walk-Out Access, Common
- Exercise Room: Yes
Bathrooms
- Total Bathrooms: 2.00
- Full Bathrooms: 2
Heating and Cooling
- Cooling Features: Central Air, Chiller Cooling System
- Heating Features: Forced Air, Heat Pump
- Heating Fuel: Heat Pump
- Water Heaters: Common
Exterior and Lot Features
- Pool – Community
- Pool - Inground
- Road Frontage Type: Paved
Land Info
Garage and Parking
- Garage Features: 1 Assigned Space, Direct Access, Electricity, Attached
Homeowners Association
- Association: Yes
- Association Fee: 1843
- Association Fee Frequency: Monthly
- Association Fee Includes: Snow Removal, Cable TV, Gas, Maintenance Structure, Maintenance Grounds, Pest Control, Security, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 1843
- Association Phone: COMMUNITYMANAGER1300GMAILCOM
- Pets Allowed: Cats OK, Dogs OK, Number Limit, Yes
Amenities and Community Features
School Information
Other Property Info
- ActivationDate : 2024-06-16
- Source Listing Status: Active
- County: Wayne
- Directions: I-75 to E. Lafayette
- Source Property Type: Condominium
- Home Warranty: No
- Area: Det: 6-Mack I75-Conner
- Property Subtype: condo
- Source Neighborhood: Det: 6-Mack I75-Conner
- Ownership Type: Short Sale - No, Private Owned
- Postal City: Detroit
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1664
- Year Built: 1964
- Construction Materials: Block
- Foundation Details: Basement
- Levels: 1 Story
- Property Age: 61
- Levels or Stories: 1 Story
- Total Area Sqft: 1664
- Architectural Style: High Rise, Historic
Utilities
- Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
- Water Source: Public (Municipal), Water at Street