5
See all 5 photos
$150,000
Est. payment /mo
8,648 SqFt
Active
1561 Webb ST Detroit, MI 48206
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Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 8,648 sqft
Price per Sqft $17
Subdivision Robert Oakmans Hamilton Blvd Sub
MLS Listing ID 20261008320
Year Built 1916
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type RealEstateOnly
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.
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
Area Area05043Detlivernoisi756Gdriver
Interior
Fireplace No
Exterior
Parking Features ParkingLot
View Y/N No
Roof Type ENERGYSTARShingles
Garage false
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, Trade1031Exchange
Listing Terms Cash, Conventional, Trade1031Exchange
Special Listing Condition ShortSaleNo, Standard
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Listed by Jennifer Aparicio-Zavalza of EXP Realty Main
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