Detroit, MI 48221,16174 LAWTON Street

$55,000

Est. payment /mo

$65,000

15.4%
Est.Price: ?

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

SOLD DATE : 06/18/2024

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

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Realcomp MLS
Listed by Tracy A Petersen of Elite Realty
Bought with Johnson Realty Group, LLC
agent

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.