1561 Webb Street, Detroit, MI 48206
1561 Webb Street, Detroit, MI 48206
1561 Webb Street, Detroit, MI 48206
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$140,000
Est. payment /mo
8,648 SqFt
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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


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Listed by EXP Realty Main

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