1473 Taylor Street, Detroit, MI 48206

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List Price
$89,900
Days on Market
249
MLS#
20261000538
Status
ACTIVE
Type
Multifamily
Bathrooms
6

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

Taxes
$51
Acres
0.16
Association Amenities
Pets Allowed
Heating
Forced Air
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ryan E Kain from Listing Office: RE/MAX Leading Edge.

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