1473 Taylor Street, Detroit, MI

$89,900

Previous Next

6

Baths

3,220

Square feet

0.16

Acres

About 1473 Taylor Street

**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.

Features of 1473 Taylor Street

MLS® # 60359102
Price $89,900
Bathrooms 6.00
Full Baths 6
Square Footage 3,220
Acres 0.16
Year Built 1916
Type MULTIFAMILY
Sub-Type Historic
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 1473 Taylor Street
Area Detroit
Subdivision BESSENGER & MOORES SUB
City Detroit
County Wayne
State MI
Zip Code 48206 2029

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No

Exterior

Exterior Features Porch
Foundation Basement

School Information

District Detroit City School District

Additional Information

Zoning Multi-Family
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Leading Edge

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?