Detroit, MI 48221 2814,16612 Ilene Street
Detroit, MI 48221 2814,16612 Ilene Street
Detroit, MI 48221 2814,16612 Ilene Street
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$109,900
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2 Baths
2,344 SqFt
Active

16612 Ilene Street Detroit, MI 48221 2814

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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


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by RE/MAX Leading Edge

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agent

Shondra' Wilkins

+1(989) 395-4803

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16612 Ilene Street