19
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$150,000
Est. payment /mo
4 Baths
2,600 SqFt
Price Dropped by $10K
16188 Lawton Street Detroit, MI 48221 3354
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $57
Subdivision Mi
MLS Listing ID 60981314
Style 2 Story
Full Baths 3
Half Baths 1
Year Built 1928
Annual Tax Amount $5,047
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 34X117
Property Sub-Type Multi-Family
Property Description
Spacious brick duplex featuring two large units, each offering 3 bedrooms. Just outside the bagley neighborhood in the very desirable Martin Park. Most major updates have already been completed - just bring your finishing touches with new flooring to make it shine. A solid investment or owner-occupant opportunity with strong potential! Very little rehab needed. With an ARV above 230k and each unit should rent out for $1,300 a month totalling $2,600. Cash on Cash return is through the roof!! RECENT APPRAISAL CAME IN AT $240k
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
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
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by DOBI Real Estate
NEARBY SCHOOL & BUSINESS
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