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About This Home
This 6-bedroom, 4-bathroom residential multi family at 16188 Lawton Street in Detroit, MI is listed for $160,000 ($62 per sqft). Built in 1928, the home offers 2,600 sqft of living space on a 0.09 acres lot.
Spacious brick duplex featuring two large units, each offering 3 bedrooms. Just outside the bagley neighborhood in the very desirable Martin Park. Most major updates have already been completed-just bring your finishing touches with new flooring to make it shine.
A solid investment or owner-occupant opportunity with strong potential! Very little rehab needed. With an ARV above 230k and each unit should rent out for $1,300 a month totalling $2,600. Cash on Cash return is through the roof!! RECENT APPRAISAL CAME IN AT $240k
Key Features
- Built in 1928
- 0.09 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$856/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
16188 Lawton Street
Detroit, MI 48221
Schlenker Bull & Cos Puritan Lawton Sub
Property Details
Construction
Heating
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 16188 Lawton Street is listed at $160,000 ($62/sqft). The estimated monthly payment is $693 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 0.09 acre lot, 2 stories.
This property is listed by Douglas Rahaim and can be reached at (248) 385-3350 or Doug@wearedobi.com.
