$145,000 Sold
16260 fairfield street, detroit, MI 48221
Property Description
Phenomenal investment property in the best residential zip code in Detroit (48221). This gorgeous two-family all-brick property is located directly across the street from the University of Detroit Mercy. One of the largest two family homes in the entire neighborhood, with over 3,000 sq ft of living space. The lower unit was completely renovated in 2021 including mechanical systems and full cosmetics (upper unit was also upgraded). Each 3 BR unit is currently leased. Newer 3-D shingle roof (2015), newer forced-air furnaces, newer vinyl windows throughout. The neighborhood is immaculate - the single family homes just a half mile north of this property sell for $300k+ (University District). Professionally managed, well maintained by the tenants. Property values in this area are sky-rocketing! Very high occupancy, extremely high tenant demand. Please do not disturb tenants. Call today for more info! usinvestorgroup . com
General Information
Sold Price: $145,000
Price/SqFt: $48
Status: Sold
Date Sold: 09/15/2022
MLS#: 2220029187
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: zoological park
Acres: 0.11
Lot Dimensions: 40.00X125.00
Bedrooms:6
Bathrooms:2 (2 full, 0 half)
House Size: 3,030 sq.ft.
Acreage: 0.11 est.
Year Built: 1928
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
Garage: No Garage
Construction: Brick
Exterior: Brick
Fireplaces: 1
Fireplace Description: Natural
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Cooling: Ceiling Fan(s)
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer at Street
Watersource: Public (Municipal)
Fireplace Description: Natural
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Cooling: Ceiling Fan(s)
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer at Street
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,214
Est. Winter Taxes: $106
Est. Summer Taxes: $1,214
Est. Winter Taxes: $106
HOA fees: 0
Legal Description: E FAIRFIELD 95 ZOOLOGICAL PARK SUB L33 P75 PLATS, W C R 12/249 39.97 X 125
Legal Description: E FAIRFIELD 95 ZOOLOGICAL PARK SUB L33 P75 PLATS, W C R 12/249 39.97 X 125

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders Listing By: Al Baydoun of Hometown Group Real Estate, Phone: (313) 581-2500