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16940 Log Cabin Street

Highland Park, MI 48203

– beds
– baths
– sqft
6,098 sqft lot
1923 build
– on site

Major price improvement. Value add 13 unit apartment building with gated private parking, a spacious lot, and a certificate of compliance. This building has been updated and most capital improvements have been completed. Centrally located this building offers 10-minute access to Downtown, close proximity to major grocers and public transportation. Strategically situated for investment opportunity, with the flurry of investment in the City of Detroit. This building has some separate utility meters allowing room for low operating expenses. Rents are below market.

Listing courtesy of REALCOMP / MOXIE Real Estate + Development

Last checked: Checking… • Last updated Nov 18, 2024 •

MLS# 65024031172 —

The Building

Year Built:

1923
Construction Materials:

Brick
Roof Material:

Other
# of Units Total:

13

Interior

Features:

Other, Laundry Facility
Basement:

Yes

Financial & Terms

Land Contract:

Yes
Short Sale:

Unknown

Location

Directions:

From Hampton, turn left onto W Mcnichols and turn left on Log Cabin.
Directions From East West Detail:

ols Rd
Directions From North South Detail:

Log Cabin & W Mcnich

The Property

Property Type:

Multifamily
Parcel Number:

08009544
Zoning:

Residential
Lot Size Dimensions:

100x 100
Lot Size Area:

0.14
Frontage Feet:

100
Waterfront:

No

Listing Agent

Contact info:

Taxes

Total Taxes:

$10,300.05
Tax Amount Summer:

$10,300.05

Heating & Cooling

Heating:

Forced Air, Radiant
Heating Fuel:

Natural Gas

Utilities

Sewer:

Public Sewer (Sewer-Sanitary)
Water Source:

Public (Municipal), Water at Street

Appliances

Laundry Facilities:

Yes

Schools

School District:

Highland Park

Parking

Total Parking:

13
MF Parking:

Garages

Extra Units

Unit Count:

12
Unit One Bed Number Of:

12

MOXIE Real Estate + Development

Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
8/30/24 Aug 30, 2024	Price Changed	REALCOMP	$870,000	-2.1%
8/14/24 Aug 14, 2024	Price Changed	REALCOMP	$889,000	-0.4%
7/17/24 Jul 17, 2024	Price Changed	REALCOMP	$893,000	-0.3%

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This multifamily located in McNichols, Highland Park, MI 48203 is currently for sale for $870,000. 16940 Log Cabin Street is a – square foot multifamily with – beds and – baths that has been on Estately for 158 days. 16940 Log Cabin Street is in the McNichols neighborhood of Highland Park and has a WalkScore® of 31, making it car-dependent. This multifamily is in the attendance area of Spain Elementary-Middle School, Communication And Media Arts High School, Bates Academy, Clippert Academy, Edward 'Duke' Ellington Conservatory Of Music & Art At Beckham Academy, Foreign Language Immersion And Cultural Studies, Detroit School Of Arts, Frederick Douglass Academy For Young Men, Detroit International Academy For Young Women, and Cass Technical High School.

MOXIE Real Estate + Development

Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.