Detroit, MI 48221,16261 KENTUCKY Street

$72,500

Est. payment /mo

$85,900

15.6%
Est.Price: ?

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16261 KENTUCKY Street Detroit, MI 48221

2 Beds

2 Baths

2,084 SqFt

SOLD DATE : 06/18/2025

Key Details

Sold Price $72,500

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,084 sqft

Price per Sqft $34

Subdivision Puritan Heights Sub (Plats)

MLS Listing ID 20250001465

Style Duplex

Bedrooms 2

Full Baths 2

Year Built 1928

Annual Tax Amount $1,710

Lot Size 4,791 Sqft

Property Sub-Type Duplex

Property Description

Calling all Investors, Entrepreneurs, and Fearless Home Buyers! The owners are making updates and dropping the price! Here is your opportunity to own your very own income producing property in the heart of the City. You can lease one unit and live in the other or you can simply lease them both and generate instant monthly cash flow. Don't miss out on this awesome 2 unit property featuring 2 bedrooms and a den on the first floor and 2 bedrooms on the second floor. This is a corner lot multi-family unit located in the Marygrove College District. Home needs some work but priced well under market value to reflect the work that needs to be done. Both units are unoccupied currently but can easily generate thousands of dollars in cash flow each month. This is a sought out area of Detroit where lots of home renovations and purchases are taking place daily. Hurry now and schedule your appointment because this opportunity will not last long!

Location

State MI

County Wayne

Area Det 6-Tire - Grnfld - Livernois

Zoning Multi-Family

Interior

Heating Hot Water

Exterior

Garage Spaces 2.0

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Assessment Amount $350

Acceptable Financing Cash, Conventional, FHA 203K

Listing Terms Cash, Conventional, FHA 203K

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Realcomp MLS
Listed by Dwala Burk of DK Caldwell Real Estate Professionals LLC
Bought with Downtown Realty
agent

Realtyflo Inc

Brokerage | License ID: 6505386963

+1(313) 466-7253

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