Description
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!
Property Type
MultifamilySubdivision
Baggs Sub Pt Of Ol 1County
WayneStyle
ColonialAD ID
46756139
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 3
- Full Baths: 3
Interior Features
- Basement Description: Unfinished,Common
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1906
- Building Stories: 3 Story
- Total Units: 3
- Foundation/Basement: Basement
- Architecture: Colonial
Exterior Features
- Construction: Brick
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
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Property / Lot Details
Lot Information
- Lot Size: 0.07
- Dimensions: 30.00 x 100.00
Property Information
- SQ ft: 2581
- Subdivision: BAGGS SUB PT OF OL 1
- Financing: Cash
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Listing Information
Listing Price Information
- Original List Price: $295,000
Listing Information
- Possession: At Close
- Legal Description: S HORTON 41 BAGGS L 8, P 57 PLATS, W C R 1/101 30 X 100
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Taxes / Assessments
Tax Information
- Annual Tax: $1,655
- Parcel Number: W01I001971S
Possession
- At Close
Legal Information
- Legal Description: Section: S HORTON 41 BAGGS L 8, P 57 PLATS, W C R 1/101 30 X 100
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 2
Unit 2 Information
- # of Bedrooms: 1
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 05/18/2025 @ 22:06
- MLS: 612410733
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 4 bedrooms which is for sale, it has 2,581 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.