$160,000

8162 E Jefferson Avenue 16A, Detroit, MI 48214

3 beds |
3 baths |
2,540 sqft

Condominium
Built in 1925
—— sqft lot
1 car garage
$63/sqft
Listed 6 months ago

Property Description

Fix & Flip Opportunity on the Detroit Riverfront! Welcome to the prestigious Detroit Towers, where timeless elegance meets full-service luxury living. This 16th-floor condo offers stunning waterfront views and incredible potential. Featuring 3 bedrooms, 2.5 bathrooms, and classic architectural charm, this spacious unit just needs a little TLC to restore it to its former glory - making it a true diamond in the rough. Enjoy peace of mind with HOA fees that cover 24-hour staffing including valet, heat, water, exterior maintenance, and building insurance. Live like royalty with round-the-clock service and security. With an ARV of $300,000, this is a perfect opportunity for investors or homeowners ready to bring their vision to life. Don't miss your chance to own a piece of Detroit's riverfront history!

Listing Status:: Active
Date Added:: May 7, 2025 at 05:00AM
Listing Office:: Keller Williams Realty-Great Lakes : 586-541-4000
Listing Agent:: Erick Monzo : 586-808-6436
MLS ID:: 60392186

General: Elevator/Lift
Laundry: Common Area
Heating: Natural GasForced Air
Fireplace: Family RoomGasFireplace

Parking: Parking spaces: 1

General: BrickSlab

Road/Access: Paved
HOA Amenities: GasMaintenance GroundsSnow RemovalTrashWaterMaintenance Structure3273.0Monthly
Golf: SecurityPrivate Entry
Originating MLS: MiRealSource
School District: Detroit City School District
County: Wayne

Zoning: S JEFFERSON APT 16AWAYNE COUNTY CONDOMINIUM SUB PLAN NO 46 AKA DETROIT TOWERS CONDO L18017 PGS 182-222 DEEDSW C R 17/558 3.49%
View: WaterView

Water: Public
Sewer: Public Sanitary

Source: MiRealSource

This listing courtesy of Erick Monzo, Keller Williams Realty-Great Lakes

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Moses Field Center

1100 Sheridan St, Detroit, MI, 48214

Grades PK-8

0.50 miles away

Moses Field Center

1100 Sheridan St, Detroit, MI, 48214

Grades PK-8

0.50 miles away

Martin Luther King Jr. Senior High School

3200 E Lafayette St, Detroit, MI, 48207

Grades 9-12

1.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.