16250 ARDMORE Street, Detroit, Michigan 48235

$117,000

Property Details

MLS#: 20261033323
Bedrooms: 4
Bathrooms: 1
Square Feet: 1,125
Price per Sqft: $104
Lot Size: 0.09 acres
Year Built: 1930
Property Type: Residential
Status: Active
Days on Market: 43

Market Analysis

Estimated Value (CMA): $75,375
Area Avg Price/Sqft: $67
This Property: $104/sqft ($37 above area average)
Price Position: +73.0% vs comparable homes
Comparable Properties Analyzed: 8

Description

Meet your next investment opportunity — a well-maintained 4-bedroom, 1-bath bungalow with all the major updates already completed. In the past two years, this home has been upgraded with a new roof, HVAC system, hot water tank, and refreshed plumbing, giving you peace of mind and minimal deferred maintenance. The floor plan is spacious and practical, offering generous living areas and comfortably sized bedrooms that have helped keep the property consistently occupied. Currently, the home is tenant-occupied at $1,500 per month, providing immediate cash flow from day one. The seller is open to concessions with a strong offer, helping reduce your out-of-pocket costs at closing. Whether you’re expanding your portfolio or seeking a turnkey rental, 16250 Ardmore delivers on the essentials that matter most.

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 16250 ARDMORE Street?

16250 ARDMORE Street is listed at $117,000, or $104 per square foot.

How many bedrooms does 16250 ARDMORE Street have?

This property has 4 bedrooms and 1 bathrooms, with 1,125 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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