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For sale
  • Price cut: $25K (3/18)
    $925,000

    1055 Philip St, Detroit, MI 48215

    21beds
    11,949sqft
    : 
    Multi Family
    Built in 1928
    -- sqft lot
    $-- Zestimate®
    $77/sqft
    $-- HOA

    What's special

    Discover an exceptional investment opportunity with this 20-unit multifamily property located just off Jefferson Avenue in Detroit. With 9 units currently leased, this property offers immediate income potential and room for growth. Well-positioned near major roadways and public transit for commuter convenience. This property is perfect for investors seeking steady income and long-term appreciation in a desirable Detroit location. Don’t miss this opportunity to expand your portfolio!
    150 days
    on Zillow
    |
    631
    |
    47
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 18, 2025 at 04:02am

    Listed by:

    Tiroca Battle 586-580-8092,

    REALTEAM Real Estate 586-580-8092

    Source: Realcomp II,MLS#: 20240088848MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1055 Philip St.

    Next available tour time:Today at 4pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    • Bathrooms: 20
    • Full bathrooms: 20
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 11,949 sqft
    • Finished area above ground: 11,949

    Property

    Features
    • Levels: Story 4 to 10
    • Pool features: None
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 60.00 x 112.00
    Details
    • Parcel number: W21I060751S
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Brick Mortar
    Condition
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: POINTE VIEW JOSEPH S VISGER & EDGAR J HITCHINGS
    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $77/sqft
    • Tax assessed value: $33,279
    • Annual tax amount: $2,975
    • Date on market: 11/26/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
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