$275,000 for Sale

414 horton street, detroit, MI 48202

Beds 4 Baths 3 2,581 Sqft 0.07 Acres 1 of 58
Property Description
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 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!
General Information
Sale Price: $275,000
Price/SqFt: $107
Est. Payments: $1,806*
Status: Active
MLS#: 20240063139
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: baggs sub pt of ol 1
Acres: 0.07
Lot Dimensions: 30.00 x 100.00
Bedrooms:4
Bathrooms:3   (3 full, 0 half)
House Size: 2,581 sq.ft.
Acreage: 0.07 est.
Year Built: 1906
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Paved Road:  Paved
Garage:  No Garage
Construction:  Brick
Exterior:  Brick
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Public Sewer (Sewer-Sanitary)
Watersource:  Public (Municipal)
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $1,501
Est. Winter Taxes:  $154
HOA fees:  0
Legal Description:  S HORTON 41 BAGGS L 8, P 57 PLATS, W C R 1/101 30 X 100
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Gustaf Andreasen of @properties Christie's Int'l R.E. Detroit, Phone: (313) 230-0510
810-922-1413 Call Abigail Edmonds for more information about this property.

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Abigail Edmonds
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810-922-1413

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810-733-3435

This Single-Family Home located at
414 horton street, detroit MI, 48202
is currently for sale. This property is listed for $275,000.
For Sale | $275,000 | 4 Bed, 3 Bath | 2,581 Sq Ft MLS ID rcomi20240063139
414 horton street has 4 bedrooms, approximately 2,581 square feet. This home is in the detroit school district and has a lot size of 30.00 x 100.00 with 0.07 acres and was built in 1906. 414 horton street is in detroit and in ZIP Code 48202 area.
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