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3 Beds
1 Bath
1,007 sqft

$100,000

16532 Lauder Street, Detroit MI, 48235 4073

Price per sqft$99.30
Built in1925
Property size1,007 sqft
Property typeResidential

Overview

Under contract

Accepting Backup Offers

Listed Sep 29, 2026

Updated 2 weeks ago

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.

$665/mo

Est. mortgage payment based on a $100,000 home price.

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

Additional information

MLS® ID
61034408

Interior Features

Bedrooms
3
Bathrooms
1
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$2,733
Tax Frequency
Annually
Garage
Yes
Municipality
Detroit

Also listed on REALCOMP

MLS provider logo

Listed by Lauryn Johnson with KW Domain
Listing Contact: 248-207-2994 

Based on information originating from the MiRealSource as of 10/28/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 10/28/2026 at 3:26 AM UTC

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