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    FOR SALE
    Duplexes

    1645 Taylor St, Detroit, MI 48206

    2,668 SF Built 1916
    Property ID
    US43-0333002
    Property summary
    AI-generated overview

    **INVESTORS** This Virginia Park 2-family property has been completely remodeled from top to bottom and is ready for its new owner! The property features two units, each w/ 1,274 sq. ft., 3 bedrooms, 1 bathroom, a spacious living room, dining room, and kitchen! The upper unit is rented for $1,700/month through 8/31/2025! The lower unit is rented for $1,400/month through 9/30/2025! The kitchens feature white shaker cabinets, butcher block counter-tops, and will include a full suite of stainless steel appliances, while the bathrooms feature beautiful new tile, trendy fixtures, and a large double vanity! The 2nd floor unit also features a massive, additional room on the 3rd floor that would be perfect for a home gym, office, or entertainment room! Other updates include: all-new romex wiring, new 3D architectural shingle roof new vinyl windows new PEX & PVC plumbing new forced air heating new electric on-demand water heaters beautifully refinished hardwood floors, and so much more! Small 1-car garage is located out back off of the alley Gas and electric are metered separately, water is on 1 meter. Located less than 1/4 mile from the neighborhood hot spot, The Congregation, as well as close to New Center and all that it has to offer! You can enjoy the summer evenings on an expansive, covered front porch or upper unit balcony, and the vacant lots across the street may be available for purchase from the Detroit Land Bank! Finally, the La Salle Gardens/Virginia Park neighborhoods are some of the fastest growing areas of the city, with over $3.5 BILLION in developments slated to happen over the next 5 years!

    Property profile
    Verified
    Property type Duplexes
    Year built 1916
    Total area 2,668 SF
    UPID US43-0333002
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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