1473 Taylor Street
Detroit, MI 48206
- – beds
- 6 baths
- 3,220 sqft
- 6,970 sqft lot
- $54 per sqft
- 1916 build
- – on site
**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.
Listing courtesy of REALCOMP / RE/MAX Leading Edge
Last checked:
Checking…
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Last updated Dec 15, 2024
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MLS# 20240090298 —
The Building
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Year Built:1916
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Historic
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Roof:Asphalt
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Levels:Three
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Basement:Full, Unfinished, WalkOutAccess
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Basement:true
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Foundation Details:Basement, BrickMortar
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Patio And Porch Features:Covered, Porch
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Above Grade Finished Area:3220.0
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Below Grade Total Area:1610
Interior
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Fireplace:false
Room Dimensions
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Living Area:3220.0
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Living Area Source:PublicRecords
Location
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Directions:From Rosa Parks Blvd turn East on Taylor
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Cross Street:S of Chicago Blvd/ E of Rosa Parks Blvd
The Property
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Parcel Number:W06I002186S
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Property Type:ResidentialIncome
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Property Sub Type:MultiFamily
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Lot Size Acres:0.16
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Lot Size Area:0.16
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Lot Size Dimensions:54.00 x 127.00
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Lot Size Units:Acres
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Zoning Description:Multi-Family
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Road Frontage Feet:54
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (313) 277-7777
- Office phone:
- (734) 404-8800
Taxes
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Tax Legal Description:Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2026. S TAYLOR 13-14 BESSENGER & MOORES SUB L22 P85 PLATS, W C R 6/4 54 X 127
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Tax Assessed Value:600
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Tax Annual Amount:51.0
Baths
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Bathrooms Total:6
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Bathrooms Full:6
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer, SewerAtStreet
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Water Source:Public, WateratStreet
Schools
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High School District:Detroit
The Community
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Subdivision Name:BESSENGER & MOORES SUB
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Pets Allowed:Yes
Parking
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Garage:true
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Garage Spaces:2.0
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Attached Garage:false
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Parking Features:TwoCarGarage
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 Realcomp II Ltd. Shareholders
RE/MAX Leading Edge
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/8/24
Dec 8, 2024
|
Listed / Active | REALCOMP | $174,900 |