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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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16532 Lauder St , Detroit, MI 48235
$100,000
Est. Payment: $222.22/mo
3 Bed
1 Bath
1589 Sqft
0.12 Acres
Status: active backup | Days on site: 33
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Jim Blehm
Team Owner, Realtor®

House Description

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.

Highlights

Listed by Lauryn Johnson , 248-207-2994 KW Domain , 248-590-0800. MichRIC

Property Type

Residential

Lot/Acreage
0.12

Year Built

1925

County

Wayne

School District

Detroit

Listing ID

20261078704

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Basement:Partial
Other:
  • ▪ Additional:Basement Partially Finished
Water:Public

Exterior Features

Sewer:Public
Parking Features:Detached
Principal Interest
$222
Taxes
$228

Home Price

$100,000

Loan Details

30 yrs
0%

Down Payment

20%
$20,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $222.22 $227.75 $0.00 $449.97
Yearly $2,666.67 $2,733.00 $0.00 $5,399.67
Total $80,000.00 $81,990.00 $0.00 $161,990.00
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-01T14:17:27.000Z

© 2026 MichRIC