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      • MI
      Wayne
      Detroit
      48202
      414 HORTON Street
      414 HORTON Street, Detroit, MI 48202
      Listing Type
      Multi Family
      Listing Status
      active
      58
      $275,000

      Home Details for 414 HORTON Street

      Price
      $275,000
      Type
      Residential Income
      Bedrooms
      4
      Bathrooms
      3.0
      Square feet
      2581
      Year built
      1906
      Lot size acres
      0.07
      County
      Wayne
      Garage
      Basement
      Unfinished
      Days on site
      193
      MLS Listing#
      20240062673
      Listing Courtesy: @properties Christie's Int'l R.E. Detroit - 313-230-0510
      Property Description

      Lucrative investment opportunity in the North End on Horton Street with a side lot. Former single family home converted to three apartment units. Each unit has rough plumbing, rough electrical, and HVAC completed, along with newer roof and windows. Each unit has two entrances, individual rear decks, and space for mechanicals. Common basement envisioned as shared space for laundry and storage. First floor is a large one bedroom with original brick fireplace in the living room. Second floor is a 2 bedroom apartment. Third floor can be used as one bedroom or studio. Architectural drawings for the project included with the sale and drawings have been approved by city of Detroit. Current market rents have a projected gross monthly income of $5k. Several new construction multifamily and single family buildings on the same street and block. 3 unit multifamily buildings have been built in the neighborhood on the same lot size as the side lot included in the sale. Side lot address is 420 Horton. Truly a premier investment opportunity - location, location, location!

      Property Features
      • Heating Information
        • Forced Air
      • Water Features
        • Public
      • Basement
        • Unfinished
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      Median Listing Price
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      Market statistics compiled from data from Michigan Regional Information Center.
      EXIT UNITED REALTY PROFESSIONALS
      611 W. Nine Mile Rd, Ferndale, MI 48220
      Office
      248 677 3220
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