16502 Lilac Street, Detroit, MI 48221

$139,000
3
BD
1
BA
3,049
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$139,000
Status
ACTIVE
Days on Market
5
MLS#
26040806
Subtype
Residential
Year Built
1928
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
3,049
Lot Size
3,049
Acres
0.07
Subdivision
The Garden Add

Property Description

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.

Additional Information

Taxes
$3,284
Heating
Forced Air
Stories
2
School District
Detroit

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Priscilla Wade from Listing Office: Worth Clark Realty.

© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .