1473 Taylor Street

Detroit, Michigan 48206

  • 12 Bed(s)
  • 6 Bath(s)
  • 3,220 Sqft
  • 0.16
    Acre(Lot)
$174,900

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 Type

    Multifamily

  • Subdivision

    Bessenger & Moores Sub

  • County

    Wayne

  • Style

    Historic

  • AD ID

    47968887

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Property Details

  • Bathroom Information

    • Total Baths: 6
    • Full Baths: 6

    Room Information

    • Porches: Porch - Covered,Porch

    Interior Features

    • Roof : Asphalt
    • Basement Description: Unfinished,Walkout Access

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1916
    • Building Stories: 3 Story
    • Total Units: 6
    • Roof: Asphalt
    • Foundation/Basement: Basement
    • Architecture: Historic

    Exterior Features

    • Construction: Brick

    Utility Features

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

    Water

    • Public (Municipal),Water at Street

  • Lot Information

    • Lot Size: 0.16
    • Dimensions: 54.00 x 127.00

    Property Information

    • SQ ft: 3220
    • Subdivision: BESSENGER & MOORES SUB
    • Financing: Cash

  • Listing Price Information

    • Original List Price: $174,900

    Listing Information

    • Possession: At Close
    • Legal Description: Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2026. S TAYLOR 13-14 BESSENGER & MOORES SUB L22 P85 PLATS, W C R 6/4 54 X 127

  • Tax Information

    • Annual Tax: $51
    • Parcel Number: W06I002186S

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2026. S TAYLOR 13-14 BESSENGER & MOORES SUB L22 P85 PLATS, W C R 6/4 54 X 127

  • Parking Information

    • Has Garage: Yes

    Multi-Unit Information

    • Presently Zoned: 1
    • Road Frontage: Paved

    Unit 2 Information

    • # of Bedrooms: 6

  • Utility Information

    • Water:Public (Municipal),Water at Street
    • Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
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BuyOwner last updated this listing 12/21/2024 @ 21:03

  • MLS: 621317865
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 12 bedrooms which is for sale, it has 3,220 sqft, 0 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Detroit , in zip code 48206, this Wayne County Multifamily , it is in the BESSENGER & MOORES SUB Subdivision, and are nearby neighborhoods.