16502 E 8 MILE Road, Detroit MI 48205 Photo 1 16502 E 8 MILE Road, Detroit MI 48205 Photo 2 16502 E 8 MILE Road, Detroit MI 48205 Photo 3 16502 E 8 MILE Road, Detroit MI 48205 Photo 4 16502 E 8 MILE Road, Detroit MI 48205 Photo 5 16502 E 8 MILE Road, Detroit MI 48205 Photo 6 16502 E 8 MILE Road, Detroit MI 48205 Photo 7 16502 E 8 MILE Road, Detroit MI 48205 Photo 8 16502 E 8 MILE Road, Detroit MI 48205 Photo 9 16502 E 8 MILE Road, Detroit MI 48205 Photo 10 16502 E 8 MILE Road, Detroit MI 48205 Photo 11 16502 E 8 MILE Road, Detroit MI 48205 Photo 12 16502 E 8 MILE Road, Detroit MI 48205 Photo 13 16502 E 8 MILE Road, Detroit MI 48205 Photo 14 16502 E 8 MILE Road, Detroit MI 48205 Photo 15 16502 E 8 MILE Road, Detroit MI 48205 Photo 16 16502 E 8 MILE Road, Detroit MI 48205 Photo 17 16502 E 8 MILE Road, Detroit MI 48205 Photo 18 16502 E 8 MILE Road, Detroit MI 48205 Photo 19 16502 E 8 MILE Road, Detroit MI 48205 Photo 20 16502 E 8 MILE Road, Detroit MI 48205 Photo 21 16502 E 8 MILE Road, Detroit MI 48205 Photo 22 16502 E 8 MILE Road, Detroit MI 48205 Photo 23 16502 E 8 MILE Road, Detroit MI 48205 Photo 24 16502 E 8 MILE Road, Detroit MI 48205 Photo 25 16502 E 8 MILE Road, Detroit MI 48205 Photo 26 16502 E 8 MILE Road, Detroit MI 48205 Photo 27 16502 E 8 MILE Road, Detroit MI 48205 Photo 28 16502 E 8 MILE Road, Detroit MI 48205 Photo 29 16502 E 8 MILE Road, Detroit MI 48205 Photo 30
Provided through IDX through Realcomp II Ltd, via CENTURY 21 Affiliated. Courtesy of Coldwell Banker Weir Manuel-Gpf and Realcomp Ii Ltd. Copyright 2016 Realcomp II Ltd. Shareholders

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16502 E 8 MILE Road - Very nice Brick Duplex with great income potential. 1 Bedroom each with full basement. Hardwood floors in both units are rented with 1 becoming vacant on October 1, 2016. Stove, Refrigerator, Washer and Dryer stay in both units. Close to Shopping, I-94 and Public Transportation. Fenced in backyard and separate driveways. Rent per unit $550.00 plus all utilities. Great investment opportunity in Detroit. Sale includes both 16500 and 16502. Seller will sell two more duplexes 16414 and 16418 as well as 16500 and 16502 for $139,000.

Listing information

  • MLS® ID: 216085336
  • Baths: 2 (Full: 2 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Lot Area: 0.14
  • School District: Detroit
  • Style: Townhouse
  • Status: Active
  • Foreclosure: No
  • Lot Size: 54.00X110.00
  • Subdivision: Tepperts Golf Park (Plats)
  • Year Built: 1950
  • Stories: 0
  • Total Square Footage: 972 ($45.27 per sq. foot)
  • County: Wayne

Features

Architecture Level 1 Story
Architecture Style Townhouse
Basement Type Daylight, Private, Unfinished
Foundation Details Basement
Foundation Materials Block
Heating Forced Air, Separate Meters
Heating Fuel Gas
Income Projection Projected
Interior Features Cable Available
Other Assessment - 0, Basement YN - 1, Gross Scheduled Income - 13200.00, Inventory List YN - 0, Land Contract YN - 0, Legal Rental Certified YN - 1, Monthly Rental Income - 1100, Net Operating Income - 9000.00, Number Of Units Leased - 2, Number Of Units Total - 2, Restrictions YN - 0, Sqft Total Bsmt - 950, Tax Amount Summer - 2295.0000, Tax Amount Winter - 236.0000, Unit Efficiency Number Of - 0, Unit One Bed Number Of - 2, Unit Three Bed Number Of - 0, Unit Two Bed Number Of - 0, Waterfront YN - 0
Ownership Status Private Owned, Short Sale - No
Rent Includes Garbage Pickup
Road Frontage Type Paved, Pub. Sidewalk
Zoning Residential
Provided through IDX through Realcomp II Ltd, via CENTURY 21 Affiliated. Courtesy of Coldwell Banker Weir Manuel-Gpf and Realcomp Ii Ltd. Copyright 2016 Realcomp II Ltd. Shareholders