1561 Webb Street, Detroit, MI 48206
1561 Webb Street, Detroit, MI 48206
1561 Webb Street, Detroit, MI 48206
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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134
$140,000
Est. payment /mo
8,648 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,648 sqft

Price per Sqft $16

MLS Listing ID 20261008320

Year Built 1916

Annual Tax Amount $7,656

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions 153.00X102.00

Source Realcomp

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.

Location

State MI

County Wayne

Zoning Commercial,Multi-Family

Direction Southfield and Grand river

Rooms

Basement Basement

Exterior

View Y/N No

Building

Foundation Block

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W06I003148C50

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Listed by EXP Realty Main

Nearby School & Business

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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134

Team Leader, Broker License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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