128 Taylor St

Detroit, MI 48202
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4 bd, 2 ba | 2,229 sqft | Built in 1911

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List Price
$125,000

Initial Investment

$34,063

Purchase Price

$125,000

Down Payment

25%

Rent

$1,830

Total Return

$83,741

Annualized Return

32.9%

Cap Rate

10.2%

Gross Yield

17.6%

Cash Flow

$4,857

Appreciation

8.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,534

HOA

None

Flood Risk

Not Required

Welcome to the vibrant Piety Hill neighborhood, ideally situated just south of Boston Edison, north of New Center and Midtown, and west of North End—all just two blocks from Woodward Avenue! This stately three-story brick colonial blends classic charm with incredible potential. Step inside to a spacious living room featuring a natural fireplace, perfect for cozy evenings. The home boasts four bedrooms, two full baths, a formal dining room, stunning natural woodwork, and elegant beam ceilings. A pantry and double staircases add to the home’s character, while a finished attic provides extra living or storage space. This property needs some TLC—an excellent opportunity for investors or buyers looking to renovate and add value. Whether you're flipping, restoring, or making it your dream home, this is a fantastic chance to be part of one of Detroit’s most sought-after communities. Seller is motivated and open to all reasonable offers! Don’t miss out—schedule your showing today!

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$20,862

Expenses

-$5,710

Property Taxes

-$3,500

Loan Payments

-$6,796

Net Cash Flow

$4,857

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Alan Davidov
KW Domain
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealcomp II Ltd./Great Lakes Repository (GLR)
MLS #20250014103
Last Updated: 03/04/2025 17:03
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