16940 Log Cabin Street new

Detroit,MI 48203

$ 699000

13 Beds

13 Baths

8676 SqFt


Key Details

Property Type Multi-Family

Sub Type Common Entry Building

Listing Status Active

Purchase Type For Sale

Square Footage 8,676 sqft

Price per Sqft $80

Subdivision Log Cabin Heights Sub

MLS Listing ID 20251011838

Style Common Entry Building

Bedrooms 13

Full Baths 13

Year Built 1923

Annual Tax Amount $53,822

Lot Size 0.350 Acres

Property Sub-Type Common Entry Building

Property Description

13-Unit Apartment Building - Turnkey Investment Opportunity - One-bedroom units, many featuring original hardwood floors. Newer roof and boiler, current Certificate of Compliance. Coin operated laundry in basement.
Tenants enjoy secure gated parking, well-kept common areas, and a spacious green lot for added outdoor space. Ideally located near public transit. Less than 10 minutes to Downtown, Ferndale, and the 8 Mile/Woodward corridor—home to major retailers, gyms, restaurants, and grocery stores. This is a smart, low-maintenance asset ready to perform, with additional upside. Comes with adjacent two car garage for storage or parking. Detroit property with Highland Park mailing address. Ideal for the city of Detroit PILOT program (payment in lieu of taxes) to reduce tax bill and create workforce housing. This listing includes additional parcels 16920 Log Cabin #08009542 and 16930 Log Cabin #08009543. ** Do not disturb tenants**

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Multi-Family

Interior

Hot Water Natural Gas

Heating Hot Water

Laundry 1

Exterior

Exterior Feature Lighting,Fenced

Garage Spaces 10.0

Roof Type Other

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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