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3 Beds
2 Baths
1,555 sqft

$169,000

16549 Washburn Street, Detroit City Wayne Michigan, 48221

Price per sqft$108.68
Built in1938
Property size1,555 sqft
Property typeResidential

Overview

Active

Listed Jul 2, 2026

Updated 8 days ago

***Tenant occupied at $2,050 per month with over $16,000 in annual net operating income*** Located in Fitzgerald just blocks from the Marygrove campus and future $180 million headquarters of the Kresge Foundation, this fully renovated Tudor Revival blends historic charm with thoughtful updates inside and out. Three bedrooms and one and a half bathrooms are complemented by new flooring, refinished original hardwoods, and a striking mantel fireplace. The home offers both a formal dining room and a cozy breakfast nook, while the kitchen shines with brand-new cabinetry, modern fixtures, and new appliances. Newer windows and a brand-new roof provide lasting durability while enhancing energy efficiency. Outside, restored half-timbering and a newly revived exterior finish showcase timeless craftsmanship, and two private outdoor balconies with a privacy fence make the home as welcoming outdoors as it is inside. Motivated seller will consider all reasonable offers. Property is tenant-occupied with existing lease through Fall 2027

$1,124/mo

Est. mortgage payment based on a $169,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20261050553

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$5,496
Tax Frequency
Annually
55+/Senior Community
No

 

Courtesy of Douglas Rose Realty

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Data last updated 5:36 AM UTC, 10/3/2026

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