REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 424,900
Est. payment | /mo
0.3 Acres Lot
$ 424,900
Est. payment | /mo
0.3 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70391204
Year Built 1969
Annual Tax Amount $5,764
Tax Year 2023
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 49x129
Property Sub-Type Multi-Family
Property Description
Calling all investors! Turnkey, fully occupied 4-unit complex. Each unit is 2 BD, 1 BA. Updates include furnaces, paved driveway, new siding, gutters, downspouts, outside lighting, new 6ft fence in back & updated windows throughout. Unit 2 has updated kitchen w/tenant whose lease expires 7/24. Unit 1 lease expires 10/24. Units 3 & 4 are month to month. Unit 4 tenant has been there since 2018. Unit 3 tenant has been there since 2021. Owners prepaid 2024 fertilization & pay the water bill. Each unit has separate gas & electric hook up. Current rents are below market value. Avg rent for a 2 bedroom in Lincoln Park is $1050/mo. No showings until offer is accepted. Photos are Unit 3. Unit 1 & 3 are the same; 2 & 4 are the same, flipflopped. DO NOT DISTURB THE TENANTS. Call Ben with questions.
Location
State MI
County Wayne
Area Lincoln Park (82143)
Interior
Heating Forced Air
Exterior
Exterior Feature Brick
Building
Foundation Slab
Water Public Water
Structure Type Brick
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Preferred, Realtors Ltd
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty