$870,000
16940 Log Cabin Street Highland Park, MI 48203-2524
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$870,000
Est. payment /mo
6,098 Sqft Lot
Active
16940 Log Cabin Street Highland Park, MI 48203-2524
UPDATED:
10/11/2024 04:39 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70413625
Year Built 1923
Annual Tax Amount $10,300
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 100x 100
Property Description
Major price improvement. Value add 13 unit apartment building with gated private parking, a spacious lot, and a certificate of compliance. This building has been updated and most capital improvements have been completed. Centrally located this building offers 10-minute access to Downtown, close proximity to major grocers and public transportation. Strategically situated for investment opportunity, with the flurry of investment in the City of Detroit. This building has some separate utility meters allowing room for low operating expenses. Rents are below market.
Location
State MI
County Wayne
Area Highland Park (82044)
Interior
Heating Forced Air, Radiant
Exterior
Exterior Feature Brick
Garage Additional Garage(s)
Waterfront No
Building
Foundation Basement
Water Public Water
Structure Type Brick
Others
Energy Description Natural Gas
Financing Cash,Conventional,Land Contract
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by MOXIE Real Estate + Development
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