MI
Wayne
Detroit City
48206
1561 Webb Street
1561 Webb Street, Detroit City, MI 48206
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Coming Soon
5
$199,000

Home Details for 1561 Webb Street

Price
$199,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
8648
Year built
1916
Lot size acres
0.36
County
Wayne
Garage
Days on site
12
MLS Listing#
20261008320
Property Description

8-unit brick multi-family investment opportunity in Detroit. Property features a new roof and has been fully interior demoed down to the studs, providing a true blank slate for redevelopment and value-add potential. Seller/agent has a full scope of work available, including a project proposal from a licensed contractor with detailed plans, unit layouts, and modern finish concepts for each unit, allowing investors to move forward with a clear renovation vision and execution plan. Projected market rents estimated between $950–$1,200 per unit once completed. Ideal for investors, buy-and-hold, or portfolio expansion strategies seeking strong future cash flow and appreciation.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • None
  • Water Features
    • Public
  • Parking
    • Parking Lot
Listing Courtesy: EXP Realty Main - 888-501-7085
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Median Listing Price
Median Days on Site
Median Square Feet
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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