16940 Log Cabin Street Street

Highland Park, Michigan 48203

  • 13 Bed(s)
  • 13 Bath(s)
  • 8,676 Sqft
  • 0.35
    Acre(Lot)
$699,000

Description

13-unit apartment building - turnkey investment opportunity - one-bedroom units, many featuring original hardwood floors. newer roof and boiler, current certificate of compliance. coin operated laundry in basement.
tenants enjoy secure gated parking, well-kept common areas, and a spacious green lot for added outdoor space. ideally located near public transit. less than 10 minutes to downtown, ferndale, and the 8 mile/woodward corridor—home to major retailers, gyms, restaurants, and grocery stores. this is a smart, low-maintenance asset ready to perform, with additional upside. comes with adjacent two car garage for storage or parking. detroit property with highland park mailing address. ideal for the city of detroit pilot program (payment in lieu of taxes) to reduce tax bill and create workforce housing. this listing includes additional parcels 16920 log cabin #08009542 and 16930 log cabin #08009543. ** do not disturb tenants**

  • Property Type

    Multifamily
  • County

    Wayne
  • Style

    Common Entry Building
  • AD ID

    50276182

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Property Details

  • Bathroom Information

    • Total Baths: 13
    • Full Baths: 13

    Interior Features

    • Laundry Facility,Building Security
    • Roof : Other
    • Basement Description: Partially Finished,Common

    Heating & Cooling

    • Heating: Hot Water
    • Heating Fuel: Natural Gas

    Water Heater

    • Natural Gas
  • Building Information

    • Year Built: 1923
    • Building Stories: 3 Story
    • Total Units: 13
    • Roof: Other
    • Foundation/Basement: Basement
    • Architecture: Common Entry Building

    Exterior Features

    • Lighting,Fenced
    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
    • Water Heat: Natural Gas
  • Lot Information

    • Lot Size: 0.35
    • Dimensions: 150X100

    Property Information

    • SQ ft: 8676
    • Subdivision: Log Cabin Heights Sub
    • Financing: Cash,Conventional
  • Listing Price Information

    • Original List Price: $699,000

    Listing Information

    • Possession: Subject To Tenant Rights
    • Legal Description: E LOG CABIN 63&64 LOG CABIN HEIGHTS SUB L31 P52 PLATS, W C R 8/171 59.22 X 100
  • Tax Information

    • Annual Tax: $53,822
    • Parcel Number: 08009544

    Possession

    • Subject To Tenant Rights

    Legal Information

    • Legal Description: Section: E LOG CABIN 63&64 LOG CABIN HEIGHTS SUB L31 P52 PLATS, W C R 8/171 59.22 X 100
  • Parking Information

    • Parking: 10
    • Has Garage: Yes

    Multi-Unit Information

    • Presently Zoned: 1
    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 13
  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 06/27/2025 @ 23:25

  • MLS: 629087746
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 13 bedrooms which is for sale, it has 8,676 sqft, 0 sized lot, and Garage,Paved,Unassigned parking. are nearby neighborhoods.