16194 Princeton Street, Detroit, Michigan 48221

$168,000

Property Details

MLS#: 20251054565
Bedrooms: 4
Bathrooms: 2
Square Feet: 2,132
Price per Sqft: $79
Lot Size: 0.09 acres
Year Built: 1927
Property Type: Residential
Status: Active
Days on Market: 99

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.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 16194 Princeton Street?

16194 Princeton Street is listed at $168,000, or $79 per square foot.

How many bedrooms does 16194 Princeton Street have?

This property has 4 bedrooms and 2 bathrooms, with 2,132 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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