realsimpli

$129,000

Active

16502 Lilac Street, Detroit, MI 48221

3 beds

1 bath

3,049 sq ft

Per sq ft
$42
Lot
0.07 acres
Built
1928
Type
Single Family Residence
On market
45 days
DescriptionShow

The property currently generates $1,275/month in rental income, offering an investor the opportunity to purchase a tenant-occupied property with an established rental arrangement. Optionable lot Available - The adjacent lot at 16508 Lilac ST is also available for purchase for $6,500-The buyer has the option to purchase the lot separately or in addition tp 16502 Lilac St, providing an opportunity to acquire additional land next to the investment property.

Facts & features

Interior7
Bedrooms
3
Bathrooms
1
Full baths
1
Half baths
0
Fireplaces
0
Flooring
Wood
Basement
Full
Square footage2
Total living sq ft
3,049 sq ft
Below grade (basement)
572 sq ft
Heating, cooling & utilities4
Heating
Forced Air, Hot Water
Cooling / AC
Window Unit(s)
Water source
Public
Sewer
Public
Parking1
Garage
No
Exterior & construction4
Lot size
0.07 acres
Construction
Brick, Vinyl Siding
Roof
Shingle
Year built
1928
Property details8
Type
RESIDENTIAL
Sub-type
Single Family Residence
County
Wayne
Parcel #
16026188.
Subdivision
The Garden Add
Days on market
45
MLS #
26040806
Status
Active

District: Detroit

No individual schools were listed for this home.

Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.

Price & tax historyShow
  1. $129,000▼ $10,000
  2. $139,000▲ $10,000
  3. $129,000

Listing courtesy of Worth Clark Realty · Priscilla Wade

313-753-6477 · wade_priscilla@yahoo.com

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