Active

16940 Log Cabin Street

Highland Park MI, 48203

$860,000


Active

Other

Built in 1923

Courtesy of Shawn Jacobs, MOXIE Real Estate + Development

Major price improvement. Value add 13 unit apartment building with gated private parking, a spacious lot, and a certificate of compliance. This building has been updated and most capital improvements have been completed. Centrally located this building offers 10-minute access to Downtown, close proximity to major grocers and public transportation. Strategically situated for investment opportunity, with the flurry of investment in the City of Detroit. This building has some separate utility meters allowing room for low operating expenses. Rents are below market.

24031172

MLS ID

June 19, 2024

Listed

December 9, 2024

Updated

Map

16940 Log Cabin Street
Highland Park MI, 48203

Interior Features

Laundry Description

In Basement


Fireplace

Yes


Cooling

No


Heating

Yes


Heating Description

Forced Air, Radiant

Exterior/Building Features

Lot Size

0.14 Acres


Roof

Other


Sewer

Public Sewer

School Information

School District

Highland Park

Other Property Details

Area Name

Wayne County - 100


Taxes

$10,300


Tax Frequency

Annually


Days on Market

173


Garage

No


Parking Total

13


View

No


County

Wayne


Pool

No

Listing History

Date

Event

Price

12/4/2024

Price change

$860,000

-2%

8/30/2024

Price change

$870,000

-3%

8/14/2024

Price change

$889,000

-1%

7/17/2024

Price change

$893,000

-1%

Courtesy of MOXIE Real Estate + Development

The IDX display contains information sourced from the MichRIC® as of 12/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated 12/9/2024

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