See all 10 photos
$139,000
Est. payment /mo
3 Beds
1 Bath
1,144 SqFt
New
16502 Lilac Street Detroit, MI 48221-2972
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Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,144 sqft
Price per Sqft $121
MLS Listing ID 70550470
Style 2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,144
Year Built 1928
Annual Tax Amount $3,284
Tax Year 2025
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 311
Property Sub-Type Single Family
Property Description
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.
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick,Vinyl Siding
Schools
School District Detroit City School District
Others
SqFt Source Public Records
Energy Description Natural Gas
Financing Cash,Conventional

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Listed by Worth Clark Realty
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