16502 Lilac Street, Detroit, MI 48221
16502 Lilac Street, Detroit, MI 48221
16502 Lilac Street, Detroit, MI 48221
16502 Lilac Street, Detroit, MI 48221
16502 Lilac Street, Detroit, MI 48221
16502 Lilac Street, Detroit, MI 48221
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Richard Stewart

Richard Stewart

+1(269) 217-0411
$ 139,000
Est. payment | /mo

3 Beds

1 Bath

1,144 SqFt

Save
$ 139,000
Est. payment | /mo
Save

3 Beds

1 Bath

1,144 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,144 sqft

Price per Sqft $121

Municipality Detroit City

Subdivision The Garden Add

MLS Listing ID 26040806

Bedrooms 3

Full Baths 1

Year Built 1928

Annual Tax Amount $3,284

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 311

Property Sub-Type Single Family Residence

Source Michigan Regional Information Center (MichRIC)

Property Description

The property currently generates $1,275/month in rental income, offering an investor the opportunity to purchase a tenant-occupied property with an established rental arrangement. Optionable lot Available - The adjacent lot at 16508 Lilac ST is also available for purchase for $6,500-The buyer has the option to purchase the lot separately or in addition tp 16502 Lilac St, providing an opportunity to acquire additional land next to the investment property.

Location

State MI

County Wayne

Rooms

Basement Full

Interior

Heating Forced Air, Hot Water

Cooling Window Unit(s)

Flooring Wood

Fireplace false

Laundry In Basement

Exterior

View Y/N No

Roof Type Shingle

Porch Covered, Porch(es)

Garage No

Building

Story 2

Sewer Public

Water Public

Structure Type Brick,Vinyl Siding

New Construction No

Schools

School District Detroit

Others

Tax ID 16026188.

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Worth Clark Realty

NEARBY SCHOOLS & PROPERTIES

Richard Stewart

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI 49001, United States

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Licensing & Affiliation Disclosure: > Richard Stewart is the Principal Broker of REO Specialists, L.L.C. and an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

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16502 Lilac Street

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