16
See all 16 photos
$140,000
Est. payment /mo
8,648 SqFt
Active
1561 Webb Street Detroit, MI 48206
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,648 sqft
Price per Sqft $16
MLS Listing ID 20261008320
Year Built 1916
Annual Tax Amount $7,656
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 153.00X102.00
Source Realcomp
Property Description
8-unit brick multi-family investment opportunity in Detroit. Property features a new roof and has been fully interior demoed down to the studs, providing a true blank slate for redevelopment and value-add potential.Seller/agent has a full scope of work available, including a project proposal from a licensed contractor with detailed plans, unit layouts, and modern finish concepts for each unit, allowing investors to move forward with a clear renovation vision and execution plan.Projected market rents estimated between $950–$1,200 per unit once completed. Ideal for investors, buy-and-hold, or portfolio expansion strategies seeking strong future cash flow and appreciation.
Location
State MI
County Wayne
Zoning Commercial,Multi-Family
Direction Southfield and Grand river
Rooms
Basement Basement
Exterior
View Y/N No
Building
Foundation Block
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W06I003148C50
Listed by EXP Realty Main