16549 Washburn Street Detroit MI 48221 MLS #20261050553

***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