16502 Lilac Street, Detroit, MI 48221-2972
16502 Lilac Street, Detroit, MI 48221-2972
16502 Lilac Street, Detroit, MI 48221-2972
16502 Lilac Street, Detroit, MI 48221-2972
16502 Lilac Street, Detroit, MI 48221-2972
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$ 139,000
Est. payment | /mo

3 Beds

1 Bath

1,144 SqFt


Save
$ 139,000
Est. payment | /mo
Save

3 Beds

1 Bath

1,144 SqFt

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, Hot Water

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

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Worth Clark Realty

Schools and Properties Nearby

David Godin

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI 48084, USA

Learn More About LPT Realty

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16502 Lilac Street