$190,000
$180,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
16243 FAIRFIELD Street Detroit, MI 48221
2 Beds
3.5 Baths
2,700 SqFt
Key Details
Sold Price $190,000
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $70
Subdivision Zoological Park
MLS Listing ID 20240029629
Style Colonial
Bedrooms 2
Full Baths 3
Half Baths 1
Year Built 1926
Annual Tax Amount $2,364
Lot Size 4,356 Sqft
Property Description
Welcome to 16241 -16243 Fairfield right next door to the University of Detroit- Mercy; the #1 Catholic College in Michigan. This beautiful brick duplex has 3 bedrooms and 1 bath in each unit. Each unit has access to a private off street garage and a halved basement for laundry and storage. 2 brand new boilers were installed this winter. Currently generating $1,550/month in rent, however market rent in this area is closer to $2,200/month. This would be a great option for Students, House hackers, or someone looking to generate rental income.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family,Residential
Interior
Heating Baseboard, Hot Water
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $340
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Bought with EXP Realty, LLC