MI > Detroit > Martin Park
Detroit, MI 48221 3142,16194 Princeton Street
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Detroit, MI 48221 3142,16194 Princeton Street
Detroit, MI 48221 3142,16194 Princeton Street
Detroit, MI 48221 3142,16194 Princeton Street
Detroit, MI 48221 3142,16194 Princeton Street
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Excel Legacy Realty Team

Excel Legacy Realty Team

Excel Legacy Realty Team

+1(586) 598-5988
$ 168,000
Est. payment /mo
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16194 Princeton Street Detroit, MI 48221 3142

4 Beds

2 Baths

2,132 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,132 sqft

Price per Sqft $78

Subdivision Martin Park

MLS Listing ID 60953812

Style 2 Story

Bedrooms 4

Full Baths 2

Abv Grd Liv Area 2,132

Year Built 1927

Annual Tax Amount $1,529

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35X112

Property Sub-Type Single Family

Property Description

Contact LISTING AGENT to schedule a tour. Investor Special with NEZ Tax Incentives! Ready for the right visionary, this Multi-family offers the perfect canvas for simple updates or a full value-add project. A recent appraisal shows an ARV of $300,000, making this a strong opportunity for anyone looking to capture instant equity. Whether you're planning a fix and flip or adding to your rental portfolio, the numbers make sense - recent rental income was $2,200/month, offering solid cash-flow in the highly desirable neighborhood of Martin Park. Rental demand in the area is strong, making this an ideal option for investors seeking steady, reliable returns. Featuring generous room sizes, a functional layout, and plenty of charm, this home can easily shine again. Bring your contractor and your imagination - the upside is undeniable. Seller offering a $5,000 Credit towards NEW Windows. Don't miss your chance to own this cash flowing asset! Centrally located with easy access to Ferndale, Royal Oak, Downtown Detroit and major freeways.

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Unfinished

Interior

Hot Water Gas

Heating Forced Air

Appliance Dryer, Microwave, Range/Oven

Exterior

Garage No

Building

Story 2 Story

Foundation Basement

Water Public Water

Architectural Style Colonial

Structure Type Brick,Wood

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Good Company

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+1(586) 598-5988

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16194 Princeton Street