Antoinette Bressler - Arterra Realty Logo
$89,900
 $483 est/mo Sourced by Back At You

1473 Taylor Street,Detroit, MI 48206

Detroit, MI 48206

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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.

Details

MLS #60964942
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1916
Days On Site282
Listing Provided ByRE/MAX Leading Edge | Ryan Kain

Features

Bath(s) 6 Total
SQ Feet3,220
BasementY
Units6
ZoningMulti-Family
Acreage0.16

Interior

Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsBrick
Foundation DetailsBasement

Other

List AorReal Comp

Taxes

Property51

Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDetroit (82001)
Community NameBessenger & Moores Sub
Listing VS Median (in Bessenger & Moores Sub)
Price:
$89,900
low | high
Med:
$89,900
50% of Average
sqft:
3,220
low | high
Med:
3,220
50% of Average
$ / sqft:
$28
low | high
Med:
$28
50% of Average
On site:
282
low | high
Med:
282
100% of Average
Sourced by Back At You

Market Activity 48206

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Additional Information

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Learn More About This Property

Antoinette Bressler

Antoinette Bressler

Arterra

 (586) 441-0896antoinette@arterraluxe.com
StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDetroit (82001)
Community NameBessenger & Moores Sub
Listing VS Median (in Bessenger & Moores Sub)
Price:
$89,900
low | high
Med:
$89,900
50% of Average
sqft:
3,220
low | high
Med:
3,220
50% of Average
$ / sqft:
$28
low | high
Med:
$28
50% of Average
On site:
282
low | high
Med:
282
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $67K - $112K
sqft: 2,000 - 4,000
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2066 CLAIRMOUNT Street Property Photo 1
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Listing Updated: October 21, 2026 at 12:42:18 AM PDT