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$129,000
Active16502 Lilac Street
Detroit, MI 48221
3,049
Square Feet
3
Beds
1
Baths
38
Days on Market
26040806
MLS#
House
Structure
Residential
Zone
The property currently generates $1,275/month in rental income, offering an investor the opportunity to purchase a tenant-occupied property with an established rental arrangement. Optionable lot Available - The adjacent lot at 16508 Lilac ST is also available for purchase for $6,500-The buyer has the option to purchase the lot separately or in addition tp 16502 Lilac St, providing an opportunity to acquire additional land next to the investment property.
Property Details
- Cooling
- 1
- Heating
- Forced Air, Hot Water
- Cooling Features
- Window Unit(s)
- Bedrooms
- 3
- Bathrooms
- 1.0
- Full Baths
- 1
- Stories
- 2
- Acres
- 0.0
- Square Feet
- 3049.0
- Lot Size (sqft)
- 0.07
- Property Type
- Purchase
- Basement
- 1
- Basement Description
- Full
- Year Built
- 1928
- Roof
- Shingle
- Sewer Information
- Public
- Utility Source
- Public
- Subdivision
- The Garden Add
- School District
- Detroit
- County
- Wayne
- Region
- Detroit
- Original List Price
- $139,000
- Days on Market (Cumulative)
- 38
- Taxes Annual
- $3,284
- Ownership
- Private Owned
- MLS #
- 26040806
- Property Subtype
- Single Family Residence
- Parcel Number
- 16026188.
- MLS #
- 26040806
- Date Listed
- August 05, 2026
- Address
- 16502 Lilac Street
Location
Legal
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Provided By
Listed by Priscilla Wade (#e455085)
Listing Office: Worth Clark Realty (#oe432220)