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Additional details

Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 109,900

Est. payment -/mo

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16612 Ilene Street Detroit, MI 48221

2 Beds

2 Baths

2,344 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Upper/Lower Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 2,344 sqft

Price per Sqft $46

Subdivision College View Sub

MLS Listing ID 20251007213

Style Upper/Lower Apartment

Bedrooms 2

Full Baths 2

Year Built 1929

Annual Tax Amount $3,179

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40X108

Property Sub-Type Upper/Lower Apartment

Source Realcomp II Ltd

Property Description

**INVESTORS** Add this 2 unit multi-family property to your rental portfolio! The property features two 2-bedroom units, each with a large living room and dining room, kitchen, and full bathroom! The property has its original hardwood floors in both units (you will need to remove the carpet in 1 of the units), tons of beautiful plaster walls and crown molding, an updated kitchen in one of the units, forced air heating, updated 100 amp electrical panels and romex wiring, and updated copper, PEX, and PVC plumbing! Both bathrooms could do with a lite facelift, but are in otherwise decent condition. Separate laundry tubs for each unit in the basement. Gas and electric are metered separately. ARV for this property could be as high as $220-250K so it could make a perfect BRRRR strategy property, with Sec 8 rents for the units as high as $1,200/month. CASH OR HARD MONEY ONLY, NO SELLER FINANCING OR CONVENTIONAL.

Location

State MI

County Wayne

Area Det 6-Tire - Grnfld - Livernois

Zoning Residential

Direction From McNichols turn South on Ilene

Rooms

Basement Unfinished

Interior

Interior Features Cable Available, Circuit Breakers, Laundry Facility

Hot Water Natural Gas

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Roof Type Asphalt

Porch Porch

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Upper/Lower Apartment

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W16I040282S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Listed by Ryan E Kain of RE/MAX Leading Edge

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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