1473 Taylor StreetDetroit, MI 48206
$89,900
Listing courtesy of RE/MAX Leading Edge
12
Beds
6
Baths
3,220
Sqft
About
This Home
**OPPORTUNITY** This MASSIVE 6 unit Virginia Park multi-family property is looking for a new owner to bring it back to its former glory! The property currently features 6 2-bedroom units and has space to add 2 additional 1 bedroom units in the walk-up attic space. The property does require a full rehab but could be an absolute cash-cow once completed, as the units should rent for at least $1,200/month each, meaning you could generate over 110K in rental income per year! Located less than a block away from the Herman Kiefer project and 2 blocks from the Lodge freeway, this is an absolutely prime location! 5+ unit properties are extremely rare in the greater New Center area so take advantage of this incredible opportunity while you can! CASH OR HARD MONEY ONLY, NO SELLER FINANCING.
Details
- Property Type
- Residential Income
- Style
- Multi Family
- Year Built
- 1916
- Lot Size
- 0.16 acres
- Garage Spaces
- 0
- Heating
- Forced Air, Natural Gas
- Cooling
- None
- Basement
- Full, Unfinished, Walk-Out Access
- Annual Taxes
- $51
- MLS #
- 20261000538
About Detroit
Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.
Gallery
Listing courtesy of RE/MAX Leading Edge. MLS # 20261000538. Information is deemed reliable but not guaranteed and should be independently verified.
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