**INVESTORS** Add this 2 unit multi-family property to your rental portfolio! The property features two 2-bedroom units, each with a large living room and dining room, kitchen, and full bathroom! The property has its original hardwood floors in both units (you will need to remove the carpet in 1 of the units), tons of beautiful plaster walls and crown molding, an updated kitchen in one of the units, forced air heating, updated 100 amp electrical panels and romex wiring, and updated copper, PEX, and PVC plumbing! Both bathrooms could do with a lite facelift, but are in otherwise decent condition. Separate laundry tubs for each unit in the basement. Gas and electric are metered separately. ARV for this property could be as high as $220-250K so it could make a perfect BRRRR strategy property, with Sec 8 rents for the units as high as $1,200/month. CASH OR HARD MONEY ONLY, NO SELLER FINANCING OR CONVENTIONAL.
Property Details
Price:
$109,900
MLS #:
20251007213
Status:
Active
Beds:
0
Baths:
2
Address:
16612 Ilene Street
Type:
Single Family
Subtype:
Multi Family
Subdivision:
COLLEGE VIEW SUB
Neighborhood:
05042 – Det 6-Tire – Grnfld – Livernois
City:
Detroit
Listed Date:
Jun 12, 2025
State:
MI
Finished Sq Ft:
2,344
ZIP:
48221
Year Built:
1929
See this Listing
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
More About LiaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas
Laundry Features
Laundry Room
Exterior
Architectural Style
Upper Lower Apartment
Construction Materials
Brick
Parking Features
On Street, Shared Driveway, Unassigned
Roof
Asphalt
Financial
Taxes
$3,180
Map
Community
- Address16612 Ilene Street Detroit MI
- SubdivisionCOLLEGE VIEW SUB
- CityDetroit
- CountyWayne
- Zip Code48221
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