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$ 110,000
Est. payment /mo
New
16261 KENTUCKY Street Detroit, MI 48221 3251
2 Baths
2,084 SqFt
UPDATED:
01/09/2025 12:36 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,084 sqft
Price per Sqft $52
Subdivision Mi
MLS Listing ID 60363630
Style 2 Story
Full Baths 2
Year Built 1928
Annual Tax Amount $1,710
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 42.00 x 114.00
Property Description
Calling all Investors, Entrepreneurs, and Fearless Home Buyers! Here is your opportunity to own your very own income producing property in the heart of the City. You can lease one unit and live in the other or you can simply lease them both and generate instant monthly cash flow. Don't miss out on this awesome 2 unit property featuring 2 bedrooms and a den on the first floor and 2 bedrooms on the second floor. This is a corner lot multi-family unit located in the Marygrove College District. Home needs some work but priced well under market value to reflect the work that needs to be done. Both units are unoccupied currently but can easily generate thousands of dollars in cash flow each month. This is a sought out area of Detroit where lots of home renovations and purchases are taking place daily. Hurry now and schedule your appointment because this opportunity will not last long!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Interior
Heating Hot Water
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $350
Energy Description Natural Gas
Financing Cash,Conventional,FHA 203K
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by DK Caldwell Real Estate Professionals LLC