**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.
Property Details
Price:
$89,900
MLS #:
20240090298
Status:
Active
Beds:
0
Baths:
6
Type:
Single Family
Subtype:
Multi Family
Subdivision:
BESSENGER & MOORES SUB
Neighborhood:
05043 – Det: Livernois-I75 6-Gd River
Listed Date:
Dec 8, 2024
Finished Sq Ft:
3,220
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
1916
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
6 Full Bathrooms
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Historic
Construction Materials
Brick
Roof
Asphalt
Financial
Taxes
$51
Map
Community
- Address1473 TAYLOR ST Detroit MI
- SubdivisionBESSENGER & MOORES SUB
- CityDetroit
- CountyWayne
- Zip Code48206
Market Summary
Current real estate data for Single Family in Detroit as of Oct 25, 2025
3,451
Single Family Listed
109
Avg DOM
83
Avg $ / SqFt
$150,545
Avg List Price
Property Summary
- Located in the BESSENGER & MOORES SUB subdivision, 1473 TAYLOR ST Detroit MI is a Single Family for sale in Detroit, MI, 48206. It is listed for $89,900 and features 0 beds, 6 baths, and has approximately 3,220 square feet of living space, and was originally constructed in 1916. The current price per square foot is $28. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $150,545. To schedule a showing of MLS#20240090298 at 1473 TAYLOR ST in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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