1055 PHILIP Street new

Detroit,MI 48215

$ 950000

20 Beds

20 Baths

11949 SqFt


Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,949 sqft

Price per Sqft $79

Subdivision Pointe View Joseph S Visger & Edgar J Hitchings

MLS Listing ID 20240088848

Style Other

Bedrooms 20

Full Baths 20

Originating Board Realcomp II Ltd

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 Det: Mcclellan East/Mack To Shor

Zoning Multi-Family

Direction N of Jefferson Ave E/E of Connor St

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Other

Level or Stories 4-10 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W21I060751S

Ownership Short Sale - No,Private Owned

Assessment Amount $100

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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