Do Real Estate on the Go!
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Do Real Estate on the Go!
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$89,900
-- Bed
6 Baths6 full baths
3,220sqft
1473 Taylor St, Detroit, MI 48206 2029
$89,900
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Multi Family
Built in 1916
$-- HOA
6,969.6 sqft lot
$28/sq.ft
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...
Continue Reading- Houzeo last checked: 48 Minutes ago
- Listing updated: June 30, 2025 at 10:49 pm
- Listing Provided by: Ryan Kain (734) 626-7815 DRE #6501401697 | RE/MAX Leading Edge (734) 404-8800
- Source: MiRealSource MLS-MI | MLS#: 60359102
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1916
HOA Fees
-
Finished Area
3,220 sqft
Lot Size
6,969.6 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
60359102
MLS Status
Active
Days on Market
378
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