REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Dec

Sat

Dec

Sun

Dec

Tim Sova

[email protected] +1(810) 844-2316

$ 168,000

Est. payment -/mo

Save

Active

16194 Princeton ST Detroit, MI 48221

2 Baths

2,132 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,132 sqft

Price per Sqft $78

Subdivision Martin Park

MLS Listing ID 20251054555

Style Colonial,Tudor

Full Baths 2

Year Built 1927

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type MultiFamily

Property Description

Investor Special with NEZ Tax Incentives! Ready for the right visionary, this Multi-family offers the perfect canvas for simple updates or a full value-add project. A recent appraisal shows an ARV of $300,000, making this a strong opportunity for anyone looking to capture instant equity. Whether you're planning a fix and flip or adding to your rental portfolio, the numbers make sense — recent rental income was $2,200/month, offering solid cash-flow in the highly desirable neighborhood of Martin Park. Rental demand in the area is strong, making this an ideal option for investors seeking steady, reliable returns. Featuring generous room sizes, a functional layout, and plenty of charm, this home can easily shine again. Bring your contractor and your imagination — the upside is undeniable. Seller offering a $5,000 Credit towards NEW Windows. Don't miss your chance to own this cash flowing asset! Centrally located with easy access to Ferndale, Royal Oak, Downtown Detroit and major freeways.

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Unfinished

Interior

Heating ForcedAir, NaturalGas

Fireplace No

Exterior

Exterior Feature Balcony, Lighting

Pool None

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

Listed by Jim Shaffer of Good Company

Tim Sova

Broker Associate

+1(810) 844-2316

GET MORE INFORMATION

QUICK SEARCH

Brighton, MI

Tim Sova

16194 Princeton ST Detroit, MI 48221

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

16194 Princeton ST