1473 Taylor Street, Detroit, MI 48206
1473 Taylor Street, Detroit, MI 48206
1473 Taylor Street, Detroit, MI 48206
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$89,900
Est. payment /mo
6 Baths
6,969 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20261000538

HOA Y/N true

Year Built 1916

Annual Tax Amount $51

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 54.00 x 127.00

Source Realcomp

Property Description

**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.

Location

State MI

County Wayne

Zoning Multi-Family

Direction From Rosa Parks Blvd turn East on Taylor

Interior

Heating Forced Air

Exterior

Amenities Available Pets Allowed

View Y/N No

Building

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W06I002186S

Acceptable Financing Cash

Listing Terms Cash

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Listed by RE/MAX Leading Edge

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker License ID: 6502389085

Broker License ID: 6502389085

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Name

Phone*

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