$54,900
Pending

1633 TAYLOR STREET

Detroit, MI 48206
1906 sqft | 2 baths | 0.09 acres | #20240090309
Browse 30 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

**OPPORTUNITY** This 2 unit Virginia Park multi-family is ready for its new owner to come restore it to its former glory! Located down the block from local community hotspot The Congregation, the location doesn't get much better than this! The property features a 2-bedroom unit in the lower floor and a 3 bedroom unit for the upper floor, and there is also an extension off the rear that could be reconfigured to create a true primary bedroom in each unit. The property does retain its original hardwood floors that will need to be refinished and otherwise requires a full rehab. The units should rent for $1,450-1,600/month and the ARV is in the range of $300-350K depending on the quality of the rehab. Multiple properties on the same block have been recently completely renovated as well!

  • Property Details
      • Utility FeaturesAboveGroundUtilities, CableAvailable, UndergroundUtilities
      • Sewer InformationPublicSewer, SewerAtStreet
      • FoundationBasement, BrickMortar
      • Utility SourcePublic, WateratStreet
      • SubdivisionSTOTTS SUB (PLATS)
      • Property TypeMulti-Family
      • MLS #20240090309
      • Property SubtypeMultiFamily
      • Parcel NumberW08I002573S
      • MLS #20240090309
      • Basement DescriptionUnfinished
      • School DistrictDetroit
      • Original List Price$64,900
      • CountyWayne
      • Cost54900
      • Acres0.09
      • Square Feet1906
      • Year Built1916
      • Days on Market (Cumulative)115
      • Taxes Annual$26
      • PetsYes
      • Bathrooms2
      • Full Baths2
      • Stories2
      • Basement1
      • Basement Finished1

Location

Veneesha SlaterReal Estate Group
OR

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6.0%

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