MI
Wayne
Detroit City
48206
1473 TAYLOR Street
1473 TAYLOR Street, Detroit City, MI 48206
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Listing Type
Multi Family
Listing Status
active
21
$89,900

Home Details for 1473 TAYLOR Street

Price
$89,900
Type
Residential Income
Bedrooms
12
Bathrooms
6.0
Square feet
3220
Year built
1916
Lot size acres
0.16
County
Wayne
Garage
2
Basement
Full, Unfinished, Walk-Out Access
Days on site
366
MLS Listing#
20240090298
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.

Property Features
  • Basement
    • Full
    • Unfinished
    • Walk-Out Access
  • Heating Information
    • Forced Air
    • Natural Gas
  • Utilities
    • Sewer Available
    • Water Available
  • Cooling Information
    • None
  • Water Features
    • Public
Listing Courtesy: RE/MAX Leading Edge - 734-404-8800
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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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