$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
Sold Date 06/18/24
Style Triplex,Tudor
Bedrooms 3
Full Baths 3
Half Baths 3
Originating Board Realcomp II Ltd
Year Built 1928
Annual Tax Amount $3,188
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 33.00 x 117.00
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
Direction Take Livernois to Puritan. The home is located close to University of Detroit Mercy
Rooms
Basement Interior Entry (Interior Access), Unfinished
Interior
Hot Water Natural Gas
Heating Hot Water
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Porch Porch - Covered, Porch
Road Frontage Paved
Garage no
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Triplex, Tudor
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed No
Tax ID W12I006196S
Ownership Short Sale - No,Private Owned
Assessment Amount $240
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Johnson Realty Group, LLC