Mid-Mitten Realty
16612 Ilene Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48221 2814
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,344 sqft
Price per Sqft $46
Subdivision Mi
MLS Listing ID 60402966
Style 2 Story
Full Baths 2
Year Built 1929
Annual Tax Amount $3,179
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40X108
Property Sub-Type Multi-Family
Property Description
**INVESTORS** Add this 2 unit multi-family property to your rental portfolio! The property features two 2-bedroom units, each with a large living room and dining room, kitchen, and full bathroom! The property has its original hardwood floors in both units (you will need to remove the carpet in 1 of the units), tons of beautiful plaster walls and crown molding, an updated kitchen in one of the units, forced air heating, updated 100 amp electrical panels and romex wiring, and updated copper, PEX, and PVC plumbing! Both bathrooms could do with a lite facelift, but are in otherwise decent condition. Separate laundry tubs for each unit in the basement. Gas and electric are metered separately. ARV for this property could be as high as $220-250K so it could make a perfect BRRRR strategy property, with Sec 8 rents for the units as high as $1,200/month. CASH OR HARD MONEY ONLY, NO SELLER FINANCING OR CONVENTIONAL.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Rooms
Basement Block
Interior
Interior Features Cable/Internet Avail.
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Amenities Available Laundry Facility
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