Detroit, MI 48221,16194 Princeton ST
Detroit, MI 48221,16194 Princeton ST
Detroit, MI 48221,16194 Princeton ST
Detroit, MI 48221,16194 Princeton ST
Detroit, MI 48221,16194 Princeton ST
Detroit, MI 48221,16194 Princeton ST
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Shane Atkinson

Shane Atkinson

+1(248) 794-0004
$ 168,000
Est. payment | /mo

4 Beds

2 Baths

2,132 SqFt

Save
$ 168,000
Est. payment | /mo
Save

4 Beds

2 Baths

2,132 SqFt

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 2,132 sqft

Price per Sqft $78

Subdivision Martin Park

MLS Listing ID 20251054565

Style Colonial

Bedrooms 4

Full Baths 2

Year Built 1927

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type SingleFamilyResidence

Property Description

Investor Special with NEZ Tax Incentives! Ready for the right visionary, this Multi-family offers the perfect canvas for simple updates or a full value-add project. A recent appraisal shows an ARV of $300,000, making this a strong opportunity for anyone looking to capture instant equity. Whether you're planning a fix and flip or adding to your rental portfolio, the numbers make sense — recent rental income was $2,200/month, offering solid cash-flow in the highly desirable neighborhood of Martin Park. Rental demand in the area is strong, making this an ideal option for investors seeking steady, reliable returns. Featuring generous room sizes, a functional layout, and plenty of charm, this home can easily shine again. Bring your contractor and your imagination — the upside is undeniable. Seller offering a $5,000 Credit towards NEW Windows. Don't miss your chance to own this cash flowing asset! Centrally located with easy access to Ferndale, Royal Oak, Downtown Detroit and major freeways.

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Exterior Feature Balcony, Lighting

Parking Features NoGarage

Pool None

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Jim Shaffer of Good Company
Shane Atkinson

Real estate is about more than transactions—it's about building lasting relationships and positively impacting people’s lives."

+1(248) 794-0004

shane@disruptrealty.com

215 S Cetner St Ste 200 Royal Oak MI 48067

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16194 Princeton ST