$179,000Active
16549 Washburn Street, Detroit, MI 48221
Detroit, MI 48221
MLS# 20261050553
- Bedrooms
- 3
- Bathrooms
- 2
- Sq ft
- 1,555
- Year built
- 1938
- Days on market
- 46
About this property
***Tenant occupied at $2,050 per month with over $16,000 in annual net operating income*** Located in Fitzgerald just blocks from the Marygrove campus and future $180 million headquarters of the Kresge Foundation, this fully renovated Tudor Revival blends historic charm with thoughtful updates inside and out. Three bedrooms and one and a half bathrooms are complemented by new flooring, refinished original hardwoods, and a striking mantel fireplace. The home offers both a formal dining room and a cozy breakfast nook, while the kitchen shines with brand-new cabinetry, modern fixtures, and new appliances. Newer windows and a brand-new roof provide lasting durability while enhancing energy efficiency. Outside, restored half-timbering and a newly revived exterior finish showcase timeless craftsmanship, and two private outdoor balconies with a privacy fence make the home as welcoming outdoors as it is inside. Motivated seller will consider all reasonable offers. Property is tenant-occupied with existing lease through Fall 2027
Interior
- Living area
- 1,555 sq ft
- Heating
- Forced Air
- Fireplace
- Yes
- Stories
- 2
Exterior & construction
- Construction
- Brick
- Roof
- Asphalt
- Lot size
- 3,920.4 sq ft
- Lot dimensions
- 35X108
- New construction
- Yes
Utilities
- Water source
- Public
Financial
- Annual tax
- $5,496
Location
Listed by Garrett Blair · Douglas Rose Realty
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$905/mo
$35,800 down · $143,200 financed
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Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.