$139,000
16502 Lilac Street, Detroit, MI 48221
- 3 beds |
- 1 bath |
- 3,049 sqft
Single-Family Home 
Built in 1928 
3,049sqft lot
—— car garage 
$46/sqft 
Listed 15 days ago
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.
- Listing Status:
- Active
- Date Added:
- August 6, 2026
- Data Last Updated:
- August 20, 2026 at 12:38PM
- Listing Office:
- Worth Clark Realty : 800-991-6092
- Listing Agent:
- Priscilla Wade : 313-753-6477
- MLS ID:
- 26040806
- Roofing: Shingle
- General: BrickVinyl Siding2
- Originating MLS: Michigan Regional Information Center (MichRIC)
- School District: Detroit
- County: Wayne
- Zoning: E LILAC 311 GARDEN ADDITION L13 P90 PLATSW C R 16/305 30 X 10016026188.
- Water: Public
- Source: Michigan Regional Information Center (MichRIC)
- Ownership: Private Owned
This listing courtesy of Priscilla Wade , Worth Clark Realty
Monthly Payment
$Est. Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
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