16549 Washburn Street, Detroit, Michigan 48221

$170,000

Property Details

MLS#: 20261050553
Bedrooms: 3
Bathrooms: 1.5
Square Feet: 1,555
Price per Sqft: $109
Lot Size: 0.09 acres
Year Built: 1938
Property Type: Residential
Status: Active
Days on Market: 66

Market Analysis

Estimated Value (CMA): $99,520
Area Avg Price/Sqft: $82
This Property: $109/sqft ($27 above area average)
Price Position: +33.0% vs comparable homes
Comparable Properties Analyzed: 7

Description

***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

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 16549 Washburn Street?

16549 Washburn Street is listed at $170,000, or $109 per square foot.

How many bedrooms does 16549 Washburn Street have?

This property has 3 bedrooms and 1.5 bathrooms, with 1,555 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) 484-4696

Email: info@sonicrealty.com

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