16502 Lilac St, Detroit, MI 48221

$129,000
3
BD
1
BA
3,049
SqFt

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List Price
$129,000
MLS#
81026040806
Status
ACTIVE
Bedrooms
3
Bathrooms
1
Total Square Footage
3,049
Subdivision
THE GARDEN ADD

Property Description

The property currently generates $1,275/month in rental income, offering an investor the opportunity to purchase a tenant-occupied property with an established rental arrangement. Optionable lot Available - The adjacent lot at 16508 Lilac ST is also available for purchase for $6,500-The buyer has the option to purchase the lot separately or in addition tp 16502 Lilac St, providing an opportunity to acquire additional land next to the investment property.

Additional Information

Year Built
1928
Basement Type
Full
Foundation
Basement
Acres
0.07
Style
Bungalow
Acres
0.07
School District
Detroit
Cooling
Window/Wall
Heating
Forced Air, Hot Water, Natural Gas

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Worth Clark Realty 8009916092