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16159 LOG CABIN Street Highland Park, MI 48203 2681
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Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,784 sqft
Price per Sqft $15
Subdivision Mi
MLS Listing ID 60288213
Sold Date 11/20/24
Style 2 Story
Full Baths 20
Year Built 1926
Annual Tax Amount $261
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 90 x 100
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 Detroit (82001)
Zoning Residential
Rooms
Basement Block
Interior
Interior Features Cable/Internet Avail.
Heating Radiant
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water, Public Water at Street
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with LPS