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16940 Log Cabin Street

Highland Park, MI 48203
  • $975,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 81024006929
UPDATED: 190 min ago
$975,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Lot Size Dimensions:
100x 100

School Ratings & Info

School District:

Description

13-unit apartment complex with private parking, a spacious lot, and a certificate of compliance. With tons of development taking place with the city, this building is strategically situated for investment opportunity. This property offers easy access to jobs and transportation. With 90% occupancy, it ensures a stable income stream from reliable tenants. This property is separately metered granting room for extremely low running expenses. This deal comes with a large lot. The seller is willing to sell the entire LLC to keep expenses low.

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IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-23T03:24:40.477.
www.refacmi.com/homes/147483530
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16940 Log Cabin Street Highland Park, MI 48203

  • Price: $975,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 190 min ago
  • ID#: 81024006929
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1923
Built
Neighborhood:
Highland Park
County:
Wayne
Area:
Highland Park
School District:
HIGHLAND PARK
Property Description
13-unit apartment complex with private parking, a spacious lot, and a certificate of compliance. With tons of development taking place with the city, this building is strategically situated for investment opportunity. This property offers easy access to jobs and transportation. With 90% occupancy, it ensures a stable income stream from reliable tenants. This property is separately metered granting room for extremely low running expenses. This deal comes with a large lot. The seller is willing to sell the entire LLC to keep expenses low.
Exterior Features

Construction Materials Brick Lot Size Dimensions 100x 100 Multifamily Parking Garages Parking Total 13 Road Frontage Feet 100 Roof Material Other Waterfront YN No

Interior Features

Basement YN Yes Heating Forced AirRadiant Heating Fuel Natural Gas Interior Features OtherLaundry Facility Laundry Facilities YN Yes Room Count 0 Unit One Bed Number Of 4

Property Features

Down Payment Resource YN No Land Contract YN Yes Listing Financing CashContractConventional Postal City Highland Park Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale Unknown Tax Amount Summer 2400.0000 Total Tax 2400.0000 Transaction Type Sale Unparsed Address 16940 Log Cabin Street Water Source Public (Municipal)Water at Street

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via BELE Realty Inc: (248) 422-1804 and Greater Metropolitan AOR, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-23T03:24:40.477.
 
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