1055 PHILIP Street Active

Detroit,MI 48215 2851

$ 950000

- Bed

20 Baths

11949 SqFt


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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