Homes for sale - 1473 TAYLOR Street, Detroit, MI 48206

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Ryan French

ryan@ryanfrenchrealty.com +1(248) 506-0155

$174,900

Est. payment - /mo

6 Beds

6 Baths

3,220 SqFt

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UPDATED:

12/09/2024 12:57 AM

Key Details

Property Type Multi-Family

Sub Type Historic

Listing Status Active

Purchase Type For Sale

Square Footage 3,220 sqft

Price per Sqft $54

Subdivision Bessenger & Moores Sub

MLS Listing ID 20240090298

Style Historic

Bedrooms 6

Full Baths 6

Originating Board Realcomp II Ltd

Year Built 1916

Annual Tax Amount $51

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 54.00 x 127.00

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

Area Det: Livernois-I75 6-Gd River

Zoning Multi-Family

Direction From Rosa Parks Blvd turn East on Taylor

Rooms

Basement Unfinished, Walkout Access

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Roof Type Asphalt

Porch Porch - Covered, Porch

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Architectural Style Historic

Level or Stories 3 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W06I002186S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Listed by Ryan E Kain of RE/MAX Leading Edge

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Ryan French

+1(248) 506-0155

Agent | License ID: 6501387571

Agent License ID: 6501387571

1473 TAYLOR Street Detroit, MI 48206

Ryan French

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1473 TAYLOR Street