16549 Washburn St, Detroit, MI 48221

$180,000
3
BD
2
BA
1,555
SqFt

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List Price
$180,000
MLS#
20261050553
Status
ACTIVE
Bedrooms
3
Bathrooms
2
Half-baths
1
Total Square Footage
1,555
Subdivision
COLLEGE MANOR SUB

Property Description

***Tenant occupied at $2,050 per month with over $16,000 in annual net operating income*** Located in Fitzgerald just blocks from the Marygrove campus and future $180 million headquarters of the Kresge Foundation, this fully renovated Tudor Revival blends historic charm with thoughtful updates inside and out. Three bedrooms and one and a half bathrooms are complemented by new flooring, refinished original hardwoods, and a striking mantel fireplace. The home offers both a formal dining room and a cozy breakfast nook, while the kitchen shines with brand-new cabinetry, modern fixtures, and new appliances. Newer windows and a brand-new roof provide lasting durability while enhancing energy efficiency. Outside, restored half-timbering and a newly revived exterior finish showcase timeless craftsmanship, and two private outdoor balconies with a privacy fence make the home as welcoming outdoors as it is inside. Motivated seller will consider all reasonable offers. Property is tenant-occupied with existing lease through Fall 2027

Additional Information

Year Built
1938
Basement Type
Full, Unfinished
Foundation
Basement, Block
Acres
0.09
Style
Tudor
Acres
0.09
School District
Detroit
Heating
Forced Air, Natural Gas
Exterior Features
Balcony
Garage Description
None

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Courtesy of Douglas Rose Realty 8106230228