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1473 Taylor

Detroit, MI 48206
  • $89,900
  • STATUS: Active
  • ON SITE: 199 Days
  • MLS #: 20261000538
UPDATED: 36 min ago
$89,900
  • 0
    BEDS
  • 0.16
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,220
    SQFT
  • $28
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1916
County:

School Ratings & Info

School District:

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.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-08T17:52:15.55.
www.sellsmi.com/homes/172323705
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1473 Taylor Detroit, MI 48206

  • Price: $89,900
  • Status: Active
  • On Site: 199 Days
  • Updated: 36 min ago
  • MLS #: 20261000538
0
Beds
6
Baths
0
½ Baths
0.16
Acres
3,220
SQFT
$28
$/SQFT
1916
Built
Neighborhood:
Bessenger & Moores Sub
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
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.
Exterior Features

Exterior Construction Brick Exterior Features Porch Foundation Type Basement Frontage 54 Lot Size 54.00 x 127.00 Roads Paved Street Waterfront YN No

Interior Features

Basement YN No Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Financial Terms Cash For Sale Or Rent For Sale Lease YN No Municipality Detroit Municipality Type City Net Operating Income 80640 Ownership Private Property Type Multi-Family SEV 600 Sewer Septic Public At Street Subject To Short Sale Approval No Summer Tax Amount 45 Taxable Value 600 Total Expenses 34560 Total Tax Amount 51 Type Historic Water Public WaterPublic Water at Street Winter Tax Amount 6 Zoning Multi-Family

Listing courtesy of RE/MAX Leading Edge : 734-404-8800.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-08T17:52:15.55.
 
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