About 16940 Log Cabin Street
13-Unit Apartment Building - Turnkey Investment Opportunity - One-bedroom units, many featuring original hardwood floors. Newer roof and boiler, current Certificate of Compliance. Coin operated laundry in basement. Tenants enjoy secure gated parking, well-kept common areas, and a spacious green lot for added outdoor space. Ideally located near public transit. Less than 10 minutes to Downtown, Ferndale, and the 8 Mile/Woodward corridor—home to major retailers, gyms, restaurants, and grocery stores. This is a smart, low-maintenance asset ready to perform, with additional upside. Comes with adjacent two car garage for storage or parking. Detroit property with Highland Park mailing address. Ideal for the city of Detroit PILOT program (payment in lieu of taxes) to reduce tax bill and create workforce housing. This listing includes additional parcels 16920 Log Cabin #08009542 and 16930 Log Cabin #08009543. ** Do not disturb tenants**
Features of 16940 Log Cabin Street
MLS® # | 20251011838 |
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Price | $675,000 |
Bathrooms | 13.00 |
Full Baths | 13 |
Square Footage | 8,676 |
Acres | 0.35 |
Year Built | 1923 |
Type | Multifamily |
Sub-Type | Common Entry Building |
Style | Common Entry Building |
Status | Active |
Community Information
Address | 16940 Log Cabin Street |
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Area | 05043 - Det: Livernois-I75 6-Gd River |
Subdivision | LOG CABIN HEIGHTS SUB |
City | Detroit city |
County | Wayne |
State | Michigan |
Zip Code | 48203 |
Amenities
Parking | Garage, Parking Lot, Paved, Unassigned |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | Hot Water, Natural Gas |
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Fireplace | No |
Exterior
Exterior Features | Lighting |
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Construction | Brick |
Foundation | Basement, Brick/Mortar |
School Information
District | Detroit |
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Additional Information
Foreclosure | No |
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Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Berkshire Hathaway HomeServices The Loft Warehouse |
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Contact Info | jandsells@gmail.com |