16159 LOG CABIN Street Highland Park, MI $ 174,900
16159 LOG CABIN Street
$ 174,900
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16159 LOG CABIN Street

Highland Park, MI, 48203
$ 174,900
Baths20.0 Sq 10,784

Monthly Estimate*

$ 1,162

16159 LOG CABIN Street, Highland Park, MI 48203 - Image 1
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Studio

Multi-Family Home for sale in Highland Park, MI

for $174,900 with 20 full baths. This 10,784 square foot home was built in 1926 on a lot size of 0.21.

**OPPORTUNITY** Investors, come claim one of the last few un-rehabbed large multifamily properties left in the Martin Park/University District/Palmer Park/Palmer Woods area! The property features 20 spacious one-bedroom units, which breaks down as 8 units per floor plus4 garden-level units. There is also plenty of space in the basement for additional amenities for the tenants. Each unit is roughly 675 sq ft and features a living room, kitchen, bathroom, and bedroom. The property features a newer roof with 3D architectural shingles (2020), a repaired/updated PVC sewer line (2020), and a new copper incoming water service line (2020). The property requires a full rehab, but does have hardwood floors throughout the 1st and 2nd floors, which can be repaired and restored! The property is in Detroit but has a Highland Park mailing address. CASH OR HARD MONEY ONLY, NO LAND CONTRACTS OR OTHER SELLER FINANCING.

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Multi-Family Pending

Price

$ 174,900

Bedrooms

Studio

Full Bath

20

Property Type

Multi-Family

Taxes

$ 261

Style

Lot Size

0.21

Year Built

1926

Town/City

Highland Park

County/Region

Wayne

MLS | Web ID

60288213

Features
General
Interior Features Cable/Internet Avail.
Heating Radiant
Possession At Close
Water Public Water Public Water at Street
Status Pending Pending
Full Baths 20
Half Baths 0
Bathrooms 20
Year Built 1926
Subdivision LOG CABIN HEIGHTS SUB (PLATS) MI
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 126360
Percent Ownership Private
Municipality Detroit
Zoning Residential
Structure Style 2 Story
Area Detroit (82001)
Primary City Highland Park
Directions From McNichols turn South on Log Cabin
City Highland Park
School District Detroit City School District
Street Name LOG CABIN
Financial Terms Cash
Legal Description W LOG CABIN 144 THRU 146 LOG CABIN HEIGHTS SUB L31 P52 PLATS W C R 8/171 90 X 100
DOM 65
Postal Code 48203
Price Per Sq Ft Total 16.22
Coming Soon **OPPORTUNITY** Investors
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Interior
Basement Block
Fireplace? No
Total Number of Units 20
Fuel Type Natural Gas
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Exterior
Exterior Brick
Frontage 90
Lot Size Area 0.21
Lot Dimensions 90 x 100
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Ryan Kain

Listing Agent

Re/Max Leading Edge

Broker

r.kainrealtor@gmail.com

Email

Affordability Calculator

$1,184
Per Month
98%
2%
0%
Monthly Principal & Interest
$1,162
Monthly Property Taxes
$22
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/15/2024$174,900 Listed Price

Map


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16159 LOG CABIN Street, Highland Park, MI, 48203 is a Multi-Family Home for sale at $174,900 with 10,784 sqft and a lot size of 0.21. 16159 LOG CABIN Street is a studio with 20.0 baths and was built in 1926. The property's zip code is 48203 which is in Highland Park, MI