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… Read More 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! Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of @properties Christie's Int'l R.E. Detroit, [email protected], (313) 230-0510.
Listing Snapshot
Days Online
116
Last Updated
Property Type
Residential
Beds
4
Full Baths
3
Square Ft.
2,581
Lot Size
0.07 Acres
Year Built
1906
MLS Number
20240063139
30 Days Snapshot Of 48202
$147k
-25%
(avg) sold price
14
+7%
homes sold
80
-29%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2,581 total square feet, 2,581 combined square feet, 1,250 total basement square feet, Built in 1906, Architectural style: Colonial, 1 Story, Brick
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
No Garage, Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.07, Lot size dimensions: 30.00 x 100.00
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