Homes for sale - 16159 LOG CABIN Street, Detroit, MI 48203

$165,000

$174,900 5.7%

Est. payment - /mo

20 Beds

20 Baths

10,784 SqFt

UPDATED:

Key Details

Sold Price $165,000

Property Type Multi-Family

Sub Type Common Entry Building

Listing Status Sold

Purchase Type For Sale

Square Footage 10,784 sqft

Price per Sqft $15

Subdivision Log Cabin Heights Sub (Plats)

MLS Listing ID 20240009212

Sold Date 11/20/24

Style Common Entry Building

Bedrooms 20

Full Baths 20

Originating Board Realcomp II Ltd

Year Built 1926

Annual Tax Amount $261

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 90 x 100

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.

Location

State MI

County Wayne

Area Highland Park

Zoning Residential

Direction From McNichols turn South on Log Cabin

Rooms

Basement Unfinished

Interior

Interior Features Cable Available

Heating Radiant

Fireplace no

Heat Source Natural Gas

Exterior

Waterfront no

Roof Type Asphalt

Road Frontage Paved, Pub. Sidewalk

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Architectural Style Common Entry Building

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W08I009611S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Listed by Ryan E Kain of RE/MAX Leading Edge
Bought with Showcase One R E Group Inc

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Chris Lynn

+1(248) 914-7228

Agent | License ID: 6501380823

Agent License ID: 6501380823

16159 LOG CABIN Street Detroit, MI 48203