16940 Log Cabin Street, Detroit, Mi 48203

$618,000
  • 16940 Log Cabin Street, Detroit, Mi 48203 Main Photo

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(Short Sale) - Active
BEDS0 BATHS13 full SQUARE FEET9,476 MLS#20261054647
STATUS(Short Sale) - Active PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONL O G C A B I N H E I G H T S S U B SCHOOLDetroit

Property Description

?? INVESTOR ALERT ?? 13-UNIT BRICK APARTMENT BUILDING | SHORT SALE OPPORTUNITYCalling all cash investors! Don't miss this opportunity to acquire a 13-unit brick apartment building located on the border of Highland Park, just south of Palmer Park and surrounded by the desirable Martin Park and University District neighborhoods. Just 2 miles from Woodward Avenue, this property offers convenient access to shopping, restaurants, parks, major employers, and transportation.?? PROPERTY FEATURES ??"? 13 One-Bedroom Units"? Solid Brick Construction"? Certificate of Compliance"? Original Hardwood Floors"? Common Laundry Facility"? Building Security"? Basement Storage"? Approximately 10 On-Site Parking Spaces Plus Garage"? Adjacent Parcels Included in the SaleThis SHORT SALE presents an excellent opportunity to add a solid multifamily asset to your portfolio. Immediate income potential with long-term upside. Cash offers preferred. Sale is subject to third-party approval.?? PLEASE DO NOT DISTURB TENANTS ??Showings will be scheduled ONLY after an accepted offer during the inspection contingency period. All offers must be submitted subject to interior inspection.Call today for additional information or to submit your offer!

16940 Log Cabin Street | MLS# 20261054647

This multi-family property located at 16940 Log Cabin Street, Detroit, Mi 48203 is currently listed for sale with an asking price of $618,000. Log Cabin Street is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Common, Partially Finished
Basement: Yes
Heating: Natural Gas, Radiant
Lot Size: 0.14 Acres
Stories: 2.0
Taxes: $34,234
Year Built: 1923

Feature Descriptions

Days on Site: 15
Exterior: Brick
Lot Dimensions: 59.22X100
Parcel#: W08I009544S
Pets Allowed: No
Sewer: Public Sewer
Summer Tax: 24315
Units: 13
Water: Public
Winter Tax: 9919

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: MI House of Detroit LLC
Agency Phone: 7345263288

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 6,490.00 per month $3,456.92 Principal & Interest $2,852.83 Property Tax $180.25 Homeowner's Insurance

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