16612 Ilene Street

Detroit, Michigan 48221

  • 4 Bed(s)
  • 2 Bath(s)
  • 2,344 Sqft
  • 0.1
    Acre(Lot)
$109,900

Description

**investors** add this 2 unit multi-family property to your rental portfolio! the property features two 2-bedroom units, each with a large living room and dining room, kitchen, and full bathroom! the property has its original hardwood floors in both units (you will need to remove the carpet in 1 of the units), tons of beautiful plaster walls and crown molding, an updated kitchen in one of the units, forced air heating, updated 100 amp electrical panels and romex wiring, and updated copper, pex, and pvc plumbing! both bathrooms could do with a lite facelift, but are in otherwise decent condition. separate laundry tubs for each unit in the basement. gas and electric are metered separately. arv for this property could be as high as $220-250k so it could make a perfect brrrr strategy property, with sec 8 rents for the units as high as $1,200/month. cash or hard money only, no seller financing or conventional.

  • Property Type

    Multifamily

  • County

    Wayne

  • Style

    Upper/Lower Apartment

  • AD ID

    50146470

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Property Details

  • Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Room Information

    • Porches: Porch

    Interior Features

    • Cable Available,Circuit Breakers,Laundry Facility
    • Roof : Asphalt
    • Basement Description: Unfinished

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

    Water Heater

    • Natural Gas

  • Building Information

    • Year Built: 1929
    • Building Stories: 2 Story
    • Total Units: 2
    • Roof: Asphalt
    • Foundation/Basement: Basement
    • Architecture: Upper/Lower Apartment

    Exterior Features

    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 0.10
    • Dimensions: 40X108

    Property Information

    • SQ ft: 2344
    • Subdivision: College View Sub
    • Financing: Cash

  • Listing Price Information

    • Original List Price: $109,900

    Listing Information

    • Possession: At Close
    • Legal Description: E ILENE 63 COLLEGE VIEW SUB L45 P49 PLATS, W C R 16/325 40 X 108

  • Tax Information

    • Annual Tax: $3,180
    • Parcel Number: W16I040282S

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: E ILENE 63 COLLEGE VIEW SUB L45 P49 PLATS, W C R 16/325 40 X 108

  • Multi-Unit Information

    • Presently Zoned: 1
    • Road Frontage: Paved

    Unit 2 Information

    • # of Bedrooms: 2

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 07/06/2025 @ 05:16

  • MLS: 628481185
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 4 bedrooms which is for sale, it has 2,344 sqft, 0 sized lot, and On Street,Unassigned parking. are nearby neighborhoods.