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Jenn Smart

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1473 Taylor , Detroit, MI 48206
$89,900
Est. Payment: $468.48/mo
0 Bed
6 Bath
3220 Sqft
Status: active | Days on site: 80
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Ryan Kain , 734-626-7815 RE/MAX Leading Edge , 734-404-8800. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1916

County

Wayne

Area

Detroit (82001)

Neighborhood

Bessenger & Moores Sub

School District

Detroit City School District

Listing ID

60964942

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:6
  • Full Bathrooms:6
Above Ground Sq Ft:3220
Water:Public Water,Public Water at Street

Exterior Features

Lot Dimensions:54.00 x 127.00
Zoning:Multi-Family
Others:
  • Additional:Porch
Sewer:Public At Street
Principal Interest
$468
Taxes
$4

Home Price

$89,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$17,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$468.48

Principal

Taxes

Principal Taxes HOA Total
Monthly $468.48 $4.25 $0.00 $472.73
Yearly $5,621.78 $51.00 $0.00 $5,672.78
Total $168,653.31 $1,530.00 $0.00 $170,183.31
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T03:11:55.100Z

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