




1473 Taylor St, Detroit, MI, 48206
About This Home
**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.
Getting Around
Schools
Construction
Condition
- Year built: 1916
Materials
- Foundation: Basement,Brick Mortar
- Roof: Asphalt
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Historic
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished,Walk Out Access
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Features
- Finished area above ground: 3,220
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total interior livable area: 3,220 sqft
Property
Details
- Parcel number: W06I002186S
- Zoning description: MultiFamily
- Special condition: Short Sale No,Standard
Features
- Levels: Three
- Stories: 3
- Pool features: None
- Patio & porch: Covered,Porch
Lot
- Lot size: 6,969 sqft
- Lot size dimensions: 54.00 x 127.00
