16940 Log Cabin Street, Highland Park, MI 48203-2524
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16940 Log Cabin Street, Highland Park, MI 48203-2524
16940 Log Cabin Street, Highland Park, MI 48203-2524
16940 Log Cabin Street, Highland Park, MI 48203-2524
16940 Log Cabin Street, Highland Park, MI 48203-2524
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$ 800,000
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16940 Log Cabin Street Highland Park, MI 48203-2524

6,098 Sqft Lot


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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 24031172

Year Built 1923

Annual Tax Amount $10,300

Tax Year 2023

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 100x 100

Property Sub-Type Multi-Family

Property Description

Major price improvement. Value add 13 unit apartment building with gated private parking, a spacious lot, and a certificate of compliance. This building has been updated and most capital improvements have been completed. Centrally located this building offers 10-minute access to Downtown, close proximity to major grocers and public transportation. Strategically situated for investment opportunity, with the flurry of investment in the City of Detroit. This building has some separate utility meters allowing room for low operating expenses. Rents are below market.

Location

State MI

County Wayne

Area Highland Park (82044)

Interior

Heating Forced Air, Radiant

Exterior

Exterior Feature Brick

Parking Features Additional Garage(s)

Building

Foundation Basement

Structure Type Brick

Others

Energy Description Natural Gas

Financing Cash,Conventional,Land Contract


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by MOXIE Real Estate + Development

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16940 Log Cabin Street