BEDS4
BATHS2 full
SQUARE FEET2,132
MLS#20261013188
STATUSPending
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMartin Park
SCHOOLDetroit
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.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.09 Acres
Year Built: 1927
Amenities
Lighting
Appliances
Dryer
Free-Standing Electric Oven
Microwave
Feature Descriptions
Architecture: Colonial
Days on Site: 30
Exterior: Brick, Wood
Foundation: Basement
Frontage Feet: 35
Lot Dimensions: 0.09 Acre(s)
Road Frontage: Paved
Summer Tax: $1395.0000
Water Heater: Natural Gas
Winter Tax: $134.0000
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Good Company
Agency Phone: (248) 733-5811
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimate Your Payment
Estimated Payment
$ 422.90 per month $373.90 Principal & Interest $0.00 Property Tax (data not provided by mls) $49.00 Homeowner's Insurance
16194 Princeton Street | MLS# 20261013188
This single family home located at 16194 Princeton Street, Detroit, MI 48221 is currently listed for sale with an asking price of $168,000. This property was built in 1927 and has 4 bedrooms and 2 full baths with 2132 sq. ft. Princeton Street is located in the Martin Park subdivision within the Detroit school district. Search Martin Park real estate on www.griffithrealty.com today.