$140,000
$150,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
16224 Kentucky Street Detroit, MI 48221
2 Beds
3,920 Sqft Lot
Key Details
Sold Price $140,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Puritan Heights Sub
MLS Listing ID 81024062334
Sold Date 05/30/25
Bedrooms 2
Year Built 1928
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35x113
Source Greater Metropolitan Association of REALTORS®
Property Description
This Detroit duplex presents an investment opportunity in a convenient location, just minutes away from the University of Detroit Mercy, the Avenue of Fashion, parks, restaurants, and shopping. The lower unit is currently leased through June 2025, generating $825 per month in rental income. Upper unit is currently leased until 3/15/2026 with $885/month in rent. The property boasts beautiful natural light, creating a welcoming atmosphere throughout, complemented by neutral finishes that enhance its appeal. With its strategic location and current rental income, this duplex offers potential for future growth and returns. Don't miss out on this exceptional opportunity to invest!
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Direction I-96 to Wyoming Ave, N on Wyoming Ave, E on Florence St, S on Kentucky St.
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID 16036558
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Trowbridge Realty