10
See all 10 photos
$110,000
Est. payment /mo
2 BA
4,791 Sqft Lot
New
16261 KENTUCKY Street Detroit, MI 48221
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UPDATED:
01/09/2025 11:02 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20250001465
Originating Board Realcomp
Year Built 1928
Annual Tax Amount $1,710
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 42.00 x 114.00
Property Description
Calling all Investors, Entrepreneurs, and Fearless Home Buyers! Here is your opportunity to own your very own income producing property in the heart of the City. You can lease one unit and live in the other or you can simply lease them both and generate instant monthly cash flow. Don't miss out on this awesome 2 unit property featuring 2 bedrooms and a den on the first floor and 2 bedrooms on the second floor. This is a corner lot multi-family unit located in the Marygrove College District. Home needs some work but priced well under market value to reflect the work that needs to be done. Both units are unoccupied currently but can easily generate thousands of dollars in cash flow each month. This is a sought out area of Detroit where lots of home renovations and purchases are taking place daily. Hurry now and schedule your appointment because this opportunity will not last long!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction Left on Wyoming right on Florence
Interior
Heating Hot Water
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I036970S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by DK Caldwell Real Estate Professionals LLC