$275,000

414 horton street, detroit, MI 48202

Property Description
Lucrative investment opportunity in the North End on Horton Street with a side lot. Former single family home converted to three apartment units. Each unit has rough plumbing, rough electrical, and HVAC completed, along with newer roof and windows. Each unit has two entrances, individual rear decks, and space for mechanicals. Common basement envisioned as shared space for laundry and storage. First floor is a large one bedroom with original brick fireplace in the living room. Second floor is a 2 bedroom apartment. Third floor can be used as one bedroom or studio. Architectural drawings for the project included with the sale and drawings have been approved by city of Detroit. Current market rents have a projected gross monthly income of $5k. Several new construction multifamily and single family buildings on the same street and block. 3 unit multifamily buildings have been built in the neighborhood on the same lot size as the side lot included in the sale. Side lot address is 420 Horton
General Information
Price: $275,000
Price/SqFt: $107
Status: Active
MLS#: 20240062673
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: baggs sub pt of ol 1
Acres: 0.07
Lot Dimensions: 30.00 x 100.00
Bedrooms:0
Bathrooms:3   (3 full, 0 half)
Size: 2,581 sq.ft.
Acreage: 0.07 est.
Year Built: 1906
Property Type: Multifamily
Style: 3 Story
Features & Room Sizes
Exterior:  Brick
Basement:  1
Heating:  Forced Air
Tax, Fees & Legal
Est. Summer Taxes:  $1,501
Est. Winter Taxes:  $154
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Gustaf Andreasen of @properties Christie's Int'l R.E. Detroit, Phone: (313) 230-0510
(810) 814-2240 Call Ann Renee-Hendges for more information about this property.

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