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$ 950,000
Est. payment /mo
Active
1055 PHILIP Street Detroit, MI 48215 2851
20 Baths
11,949 SqFt
UPDATED:
12/09/2024 11:59 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,949 sqft
Price per Sqft $79
Subdivision Mi
MLS Listing ID 60357070
Full Baths 20
Year Built 1928
Annual Tax Amount $2,975
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 60.00 x 112.00
Property Description
Discover an exceptional investment opportunity with this 20-unit multifamily property located just off Jefferson Avenue in Detroit. With 9 units currently leased, this property offers immediate income potential and room for growth. Well-positioned near major roadways and public transit for commuter convenience. This property is perfect for investors seeking steady income and long-term appreciation in a desirable Detroit location. Don’t miss this opportunity to expand your portfolio!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $100
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by REALTEAM Real Estate