Detroit, MI 48203,16159 LOG CABIN Street

$165,000

Est. payment /mo

$174,900

5.7%
Est.Price: ?

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16159 LOG CABIN Street Detroit, MI 48203

20 Beds

20 Baths

10,784 SqFt

SOLD DATE : 11/20/2024

Key Details

Sold Price $165,000

Property Type Multi-Family

Sub Type Common Entry Building

Listing Status Sold

Purchase Type For Sale

Square Footage 10,784 sqft

Price per Sqft $15

Subdivision Log Cabin Heights Sub (Plats)

MLS Listing ID 20240009212

Style Common Entry Building

Bedrooms 20

Full Baths 20

Year Built 1926

Annual Tax Amount $261

Lot Size 9,147 Sqft

Property Description

**OPPORTUNITY** Investors, come claim one of the last few un-rehabbed large multifamily properties left in the Martin Park/University District/Palmer Park/Palmer Woods area! The property features 20 spacious one-bedroom units, which breaks down as 8 units per floor plus4 garden-level units. There is also plenty of space in the basement for additional amenities for the tenants. Each unit is roughly 675 sq ft and features a living room, kitchen, bathroom, and bedroom. The property features a newer roof with 3D architectural shingles (2020), a repaired/updated PVC sewer line (2020), and a new copper incoming water service line (2020). The property requires a full rehab, but does have hardwood floors throughout the 1st and 2nd floors, which can be repaired and restored! The property is in Detroit but has a Highland Park mailing address.

Location

State MI

County Wayne

Area Highland Park

Zoning Residential

Interior

Heating Radiant

Exterior

Roof Type Asphalt

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash

Listing Terms Cash

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Realcomp MLS
Listed by Ryan E Kain of RE/MAX Leading Edge
Bought with Showcase One R E Group Inc

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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