16612 Ilene Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48221
Key Details
Property Type Multi-Family
Sub Type Upper/Lower Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,344 sqft
Price per Sqft $46
Subdivision College View Sub
MLS Listing ID 20251007213
Style Upper/Lower Apartment
Bedrooms 2
Full Baths 2
Year Built 1929
Annual Tax Amount $3,179
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40X108
Property Sub-Type Upper/Lower Apartment
Source Realcomp II Ltd
Property Description
**INVESTORS** Add this 2 unit multi-family property to your rental portfolio! The property features two 2-bedroom units, each with a large living room and dining room, kitchen, and full bathroom! The property has its original hardwood floors in both units (you will need to remove the carpet in 1 of the units), tons of beautiful plaster walls and crown molding, an updated kitchen in one of the units, forced air heating, updated 100 amp electrical panels and romex wiring, and updated copper, PEX, and PVC plumbing! Both bathrooms could do with a lite facelift, but are in otherwise decent condition. Separate laundry tubs for each unit in the basement. Gas and electric are metered separately. ARV for this property could be as high as $220-250K so it could make a perfect BRRRR strategy property, with Sec 8 rents for the units as high as $1,200/month. CASH OR HARD MONEY ONLY, NO SELLER FINANCING OR CONVENTIONAL.
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Zoning Residential
Direction From McNichols turn South on Ilene
Rooms
Basement Unfinished
Interior
Interior Features Cable Available,Circuit Breakers,Laundry Facility
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Roof Type Asphalt
Porch Porch
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Upper/Lower Apartment
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W16I040282S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash