1255 HUBBARD Street

Detroit, Michigan48209


| 8 baths | 14216 sqft | MLS# 217081598



Sold $450,000

contact:
313.283.1873  Office

Description

LOCATION, LOCATION, LOCATION.....HUBBARD FARMS HISTORIC DISTRICT PROPERTY!!! PHENOMENAL OPPORTUNITY TO OWN THIS 8 UNIT TOWNHOME INVESTMENT, EACH UNIT FEATURES 1777 SQ FT OF LIVING SPACE, 4 BEDROOMS EACH, FOYERS WITH FAUX FIREPLACES (COULD BE CONVERTED TO NATURAL OR GAS), FULL SEPARATE BASEMENTS, 3RD FLOOR ATTIC SPACES TO BE CONVERTED TO LOFTS, AND ALL SEPARATE UTILITIES. THESE UNITS ARE COMPLETELY FUNCTIONING AND 7 OF THE 8 UNITS ARE OCCUPIED MONTH TO MONTH, THE PROPERTY IS IN NEED OF SOME IMMEDIATE MECHANICAL UPDATES BUT HAS THE POTENTIAL TO BE A GREAT INVESTMENT PROPERTY OR REDEVELOPED AND SOLD OFF INDIVIDUALLY. LOCATED DIAGONAL TO WESTERN INTERNATIONAL HIGH SCHOOL, EL CLUB, MEXICANTOWN AND CORKTOWN MINUTES AWAY, AS WELL AS I -75 ENTRY AT THE END OF THE STREET, AND BIKE OR RIDE MINUTES TO DOWNTOWN DETROIT. CURRENT RENTS ARE WAY UNDER PROJECTED. PLEASE DO NOT APPROACH TENANTS.