$925,000
1055 philip street, detroit, MI 48215
Property Description
Discover an exceptional investment opportunity with this 20-unit multifamily property located just off Jefferson Avenue in Detroit. With 9 units currently leased, this property offers immediate income potential and room for growth. Well-positioned near major roadways and public transit for commuter convenience. This property is perfect for investors seeking steady income and long-term appreciation in a desirable Detroit location. Don’t miss this opportunity to expand your portfolio!
General Information
Price: $925,000
Price/SqFt: $77
Status: Active
MLS#: 20240088848
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: pointe view joseph s visger & edgar j hitchings
Acres: 0.15
Lot Dimensions: 60.00 x 112.00
Bedrooms:0
Bathrooms:20 (20 full, 0 half)
Size: 11,949 sq.ft.
Acreage: 0.15 est.
Year Built: 1928
Property Type: Multifamily
Style: 4-10 Story
Features & Room Sizes
Exterior: Brick
Basement: 1
Heating: Forced Air
Heating: Forced Air
Tax, Fees & Legal
Est. Summer Taxes: $2,662
Est. Winter Taxes: $313
Est. Winter Taxes: $313
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Tiroca Battle of REALTEAM Real Estate, Phone: (586) 580-8092
