625 Horton StDetroit, MI 48202

For Sale
$374,900

Two-unit building, prime Detroit location.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional multifamily investment property, located at 625 Horton Street in Detroit, Michigan, presents a compelling opportunity for discerning investors. Built in 1913, this charming building boasts a total of 3,920 square feet and sits on a 0.09-acre lot. The property features two units, offering immediate rental income potential. The asking price is $374,900, translating to a price per square foot of $174.70. Conveniently located in the heart of Detroit, within Wayne County and zip code 48202, this property benefits from its proximity to various amenities and transportation options. The building includes two parking spaces, a valuable asset in a densely populated urban area. This is a rare chance to acquire a well-maintained, historically significant multifamily property in a rapidly developing Detroit neighborhood. The property's solid construction and established rental history make it an attractive investment with strong potential for future appreciation. With its manageable size and established rental income, this property is ideal for both seasoned investors and those seeking to enter the multifamily market. The property's location and characteristics offer a blend of historical charm and modern convenience, making it a truly unique investment opportunity. Serious inquiries are encouraged to explore this promising venture further.

Highlights

  • $374,900 asking price for this Detroit multifamily property.
  • Two-unit multifamily building.
  • 3,920 square feet.
  • $97.70 price per square foot.
  • Built in 1913.
  • One building on a 0.09-acre lot.

Property Details for 625 Horton St

Property type
Multifamily properties, Residential income properties
Square Feet
3,920 SF
Year Built
1913
Buildings
1
Lot Size (sq. ft)
3,920 SF
Units
2

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3742412
Longitude
-83.0659405
625 Horton St, Detroit, Michigan

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625 Horton St
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