$55,000
$65,000
15.4%For more information regarding the value of a property, please contact us for a free consultation.
16174 LAWTON Street Detroit, MI 48221
3 Beds
4.5 Baths
2,600 SqFt
Key Details
Sold Price $55,000
Property Type Multi-Family
Sub Type Triplex,Tudor
Listing Status Sold
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $21
Subdivision Schlenker Bull & Cos Puritan Lawton Sub (Plats)
MLS Listing ID 20240037496
Style Triplex,Tudor
Bedrooms 3
Full Baths 3
Half Baths 3
Year Built 1928
Annual Tax Amount $3,188
Lot Size 3,920 Sqft
Property Description
Welcome to an amazing investment opportunity – a three-unit home (triplex) with so much potential. With the location of this home, this property offers a chance to create a short- term rental, a long- term leasing option, student housing, or even an owner-occupied with rental income. While a complete rehab is needed, the foundation of this triplex is filled with potential and offers a clean slate for your rehab vision. This triplex has three units, each offering unique possibilities. The unit located on the first level is a spacious 3-bedroom 1 bath unit. Upstairs there are 2 1-bedroom 1 bath units. This configuration makes for a broad rental appeal, catering to various tenant needs. Hardwood floors, large windows, a sizeable lot, and the overall square footage of each unit makes this home an easy choice for your next investment project.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family,Residential
Interior
Hot Water Natural Gas
Heating Hot Water
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $240
Acceptable Financing Cash
Listing Terms Cash
Read Less
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Bought with Johnson Realty Group, LLC