16159 Log Cabin Street Detroit, MI $ 174,900
16159 Log Cabin Street
$ 174,900
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16159 Log Cabin Street

Detroit, MI, 48203
$ 174,900
Bedrooms20 Baths20.0 Sq 10,784

Monthly Estimate*

$ 1,162

16159 Log Cabin Street, Detroit, MI 48203 - Image 1
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16159 Log Cabin Street, Detroit, MI 48203 - Image 4
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16159 Log Cabin Street, Detroit, MI 48203 - Image 12
16159 Log Cabin Street, Detroit, MI 48203 - Image 13
16159 Log Cabin Street, Detroit, MI 48203 - Image 14

Multi-Family Home for sale in Detroit, MI

for $174,900 with 20 bedrooms and 20 full baths. This 10,784 square foot home was built in 1926 on a lot size of 0.21.

**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. CASH OR HARD MONEY ONLY, NO LAND CONTRACTS OR OTHER SELLER FINANCING.

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Multi-Family Pending

Price

$ 174,900

Bedrooms

20

Full Bath

20

Property Type

Multi-Family

Taxes

$ 261

Style

Common Entry Building

Lot Size

0.21

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240009212

Features
General
Interior Features Cable Available
Sewer Public Sewer (Sewer-Sanitary) Sewer at Street
Heating Radiant
Possession At Close
Pets Allowed Yes
Zoning Residential
Pool Y/N 0
Full Baths 20
Half Baths 0
Year Built 1926
Property Type Multifamily
Subdivision Name LOG CABIN HEIGHTS SUB (PLATS)
Transaction Type Sale
Basement Type Unfinished
Status Pending
Short Sale No
Construction Materials Brick
Cumulative Days on Market 50
MLS Area Highland Park
Directions From McNichols turn South on Log Cabin
City Detroit
Terms Offered Cash
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name LOG CABIN
Homestead 0
Total Sq Ft 10784
DOM 50
Taxes 261.0000
Legal Description W LOG CABIN 144 THRU 146 LOG CABIN HEIGHTS SUB L31 P52 PLATS W C R 8/171 90 X 100
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Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 20
Fireplace 0
Street Suffix Street
Total Baths 20.00
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Exterior
Waterfront 0
Lot Size Area 0.21
Water Source Public (Municipal) Water at Street
Foundation Basement
Lot Size Dimensions 90 x 100
Roof Material Asphalt
Architecture Level 2 Story
Architecture Style Common Entry Building
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Ryan E Kain

Listing Agent

Re/Max Leading Edge

Broker

(313) 277-7777

Phone

Affordability Calculator

$1,184
Per Month
98%
2%
0%
Monthly Principal & Interest
$1,162
Monthly Property Taxes
$22
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/15/2024$174,900 Listed Price

Map


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16159 Log Cabin Street, Detroit, MI, 48203 is a Multi-Family Home for sale at $174,900 with 10,784 sqft and a lot size of 0.21. 16159 Log Cabin Street has 20 bedrooms, 20.0 baths, and was built in 1926. The property's zip code is 48203 which is in Detroit, MI