$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
3,920 Sqft Lot
Key Details
Sold Price $140,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Detroit City
Subdivision Puritan Heights Sub
MLS Listing ID 24062334
Sold Date 05/30/25
Year Built 1928
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35x113
Property Sub-Type 2 to 4 Units
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 Wayne County - 100
Direction I-96 to Wyoming Ave, N on Wyoming Ave, E on Florence St, S on Kentucky St.
Rooms
Basement Full
Interior
Heating Forced Air
Fireplaces Number 1
Exterior
Parking Features Paved
Utilities Available Natural Gas Connected, Electricity Connected
View Y/N No
Total Parking Spaces 2
Building
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Detroit
Others
Tax ID 16036558.
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Trowbridge Realty