$275,000
bedrooms
0
bathrooms
3
square feet
2,581
Acreage
0.07
Open Houses
-
year built
1906
Full Baths
3
Half Baths
0
Lucrative investment opportunity in the North End on Horton Street with a side lot. Former single family home converted to three apartment units. Each unit has rough plumbing, rough electrical, and HVAC completed, along with newer roof and windows. Each unit has two entrances, individual rear decks, and space for mechanicals. Common basement envisioned as shared space for laundry and storage. First floor is a large one bedroom with original brick fireplace in the living room. Second floor is a 2 bedroom apartment. Third floor can be used as one bedroom or studio. Architectural drawings for the project included with the sale and drawings have been approved by city of Detroit. Current market rents have a projected gross monthly income of $5k. Several new construction multifamily and single family buildings on the same street and block. 3 unit multifamily buildings have been built in the neighborhood on the same lot size as the side lot included in the sale. Side lot address is 420 Horton. Truly a premier investment opportunity - location, location, location!
| Location | |
| Subdivision | BAGGS SUB PT OF OL 1 |
| County | Wayne |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
Find out more
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MLS number: 20240062673
Listing agent:
Gustaf Andreasen
Listing broker:
@Properties Detroit
(313) 230-0510
Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Monday, January 27 2025 at 12:35 p.m. EST
Kotohomes National
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