16532 Lauder St

Detroit, MI 48235
  • $100,000

    Price
  • 3

    Bed
  • 1

    Bath
  • 1,589

    SqFt
  • 0.12

    Acre

About the Listing 391898 - 462908

LOCATED 6 MINUTES FROM THE HISTORIC SHERWOOD FOREST AND PALMER PARK DISTRICTS, YOU WILL FIND 16532 LAUDER NESTLED ON A 5,227 SQUARE FOOT LOT IN THE QUIET “HUBBELL-PURITAN” NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL IS RECENTLY REMODELED AND BOAST 3 SPACIOUS BEDROOMS TO ACCOMODATE THE MOST MONEY CAN BUY. SHE HAS BEEN CAREFULLY UPGRADED FROM THE BRAND NEW ROOF TEAR OFF DOWN TO EVERY INCH OF ELECTRICAL IN EACH UNIT. IN ADDITION, THIS BEAUTY HAS AN ENTIRE NEW HEATING SYSTEM AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS FRESHLY ROLLED PAINT, BRAND NEW CARPET AND LUXURY VINYL WITH TOP OF THE LINE UNDERLAYMENT. THIS PALACE HAS BEEN RECENTLY RENTED TO SECTION 8 TENANTS, AND THE MONTHLY DIVIDENDS OF $1566 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. THIS ALLOWS THIS COMPLEX TO MAINTAIN JUST UNDER 20% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER’S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

Listing Highlights for 16532 Lauder St

Status Active With Contingency
Days on Site 47
Property Type Residential
MLS ® 20261078704
Year Built 1925
Total Square Footage 1,589
Lot/Acreage 0.12
County Wayne
Neighborhood Engel Charles 1
School District Detroit

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1007
  • Below Ground Sq Ft: 582
  • Basement: Partially Finished
  • Other: 1 1/2 Story,Ground Level w/Steps,Forced Air,1 Car
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: 1 car
  • Lot Dimensions: 38X140.91
  • Roof:
  • Others: Aluminum,Brick,Paved
  • Sewer: Sewer (Sewer-Sanitary)
  • Parking Features: Detached

Financial Details

  • Tax Amount: $2,733
  • Taxes w/Assessments: N/A
  • Tax/Property ID: W22I042002S
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

16532 Lauder St Detroit, MI 48235

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Originating MLS: Realcomp II Ltd

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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