Detroit, MI 48221,16174 LAWTON Street

$55,000

$65,000

15.4%
Est.Price: ?

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Est. payment /mo

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

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