Active
16940 Log Cabin Street
Highland Park MI, 48203
$870,000
Active
Other
Built in 1923
Courtesy of Shawn Jacobs, MOXIE Real Estate + Development
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.
24031172
MLSⓇ ID
June 19, 2024
Listed
November 22, 2024
Updated
Map
16940 Log Cabin Street
Highland Park MI, 48203
Interior Features
Laundry Description
In Basement
Fireplace
Yes
Cooling
No
Heating
Yes
Heating Description
Forced Air, Radiant
Exterior/Building Features
Lot Size
0.14 Acres
Roof
Other
Sewer
Public Sewer
School Information
School District
Highland Park
Other Property Details
Area Name
Wayne County - 100
Taxes
$10,300
Tax Frequency
Annually
Days on Market
114
Garage
No
Parking Total
13
View
No
County
Wayne
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
8/30/2024 | Price change | $870,000 -3% |
8/14/2024 | Price change | $889,000 -1% |
7/17/2024 | Price change | $893,000 -1% |
Courtesy of MOXIE Real Estate + Development
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Data last updated 11/22/2024