16159 Log Cabin St, Detroit, MI 48203

$165,000
20
BA
10,784
SqFt

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Sold Price
$165,000
List Price
$174,900
Closing Date
Nov 20, 2024
MLS#
20240009212
Status
CLOSED
Bathrooms
20
Subdivision
LOG CABIN HEIGHTS SUB (PLATS)

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.

Additional Information

Year Built
1926
Basement Type
Unfinished
Acres
0.21
Style
Common Entry Building
Acres
0.21
School District
Detroit
Heating
Natural Gas, Radiant

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Calculator source: Real Geeks

Courtesy of RE/MAX Leading Edge 7344048800

Selling Office: Showcase One R E Group Inc.

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