16532 Lauder Street, Detroit, MI 48235

• 3 beds |
• 1 bath |
• 1,589 sqft

Property Description

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 Status:

Active

Data Last Updated:

October 5, 2026 at 12:41AM

Listing Office:

KW Domain : 2485900800

Listing Agent:

Lauryn Johnson : 2482072994

MLS ID:

20261078704

Interior

• Basement: Partially finished
• Heating: Forced airNatural gas

Exterior

• Style: Bungalow
• Pool: None
• Parking: One car garageDetached

Construction

• General: Aluminum sidingBrickOneAndOneHalfBasementPoured

Location

• Road/Access: Paved
• Originating MLS: Realcomp II Ltd
• School District: Detroit
• County: Wayne

Lot

• Zoning: E LAUDER 222 CHARLES ENGEL SUB NO 1 L47 P84 PLATSW C R 22/137 38 X 140.91W22I042002S

Utilities

• Water: Public
• Sewer: Public sewer

Financial

• Source: Realcomp II Ltd