See all 17 photos
$424,900
Est. payment /mo
0.3 Acres Lot
Pending
1505 Ford Boulevard Lincoln Park, MI 48146-3961
UPDATED:
05/21/2024 02:37 PM
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 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
Interior Features Cable/Internet Avail.
Heating Forced Air
Exterior
Exterior Feature Brick
Waterfront No
Building
Foundation Slab
Water Public Water
Structure Type Brick
Others
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Preferred, Realtors Ltd