1473 Taylor St, Detroit, MI 48206
- $89,900
- 6
- BA
- 3,220
- SqFt
- List Price
- $89,900
- MLS#
- 20261000538
- Status
- ACTIVE
- Bathrooms
- 6
- Subdivision
- BESSENGER & MOORES SUB
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.
Additional Information
- Year Built
- 1916
- Basement Type
- Full, Unfinished, Walkout
- Acres
- 0.16
- Style
- Historic Antique
- Acres
- 0.16
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
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Courtesy of RE/MAX Leading Edge 7344048800