$89,900

1473 taylor street, detroit, MI 48206

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.
General Information
Price: $89,900
Price/SqFt: $28
Status: Active
MLS#: 20240090298
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: bessenger & moores sub
Acres: 0.16
Lot Dimensions: 54.00 x 127.00
Bedrooms:0
Bathrooms:6   (6 full, 0 half)
Size: 3,220 sq.ft.
Acreage: 0.16 est.
Year Built: 1916
Property Type: Multifamily
Style: 3 Story
Features & Room Sizes
Exterior:  Brick
Basement:  1
Heating:  Forced Air
Tax, Fees & Legal
Est. Summer Taxes:  $45
Est. Winter Taxes:  $6
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Ryan E Kain of RE/MAX Leading Edge, Phone: (734) 404-8800
(810) 577-6255 Call George Tanner for more information about this property.

Ask me about this property

Listings Presented by:
George Tanner
Call:
(810) 577-6255