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575 E Lincoln Street Birmingham, MI 48009
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Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,642 sqft
Price per Sqft $242
Subdivision Mi
MLS Listing ID 60983222
Sold Date 06/17/26
Style 2 Story
Full Baths 8
Half Baths 7
Year Built 1981
Annual Tax Amount $20,264
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 165 x 107
Property Sub-Type Multi-Family
Property Description
Exceptionally rare opportunity to acquire a fully occupied eight-unit apartment building on the north side of Lincoln in downtown Birmingham. Positioned on approximately .40 acres spanning four contiguous lots, the property presents a compelling opportunity for both investors and developers. The existing building offers strong in-place occupancy with room for thoughtful modernization, while the underlying land provides long-term redevelopment potential in one of Birmingham's most established and desirable residential corridors. Built in 1981, the building has been carefully maintained and remains 100% occupied. The apartments are clean and functional, with generous layouts, in-unit laundry, forced-air heating, central A/C, and individually metered utilities. Properties of this scale and location rarely become available, particularly within walking distance of downtown Birmingham's shops, restaurants, and entertainment. Please do not walk the premises unless given consent by listing agents.
Location
State MI
County Oakland
Area Birmingham (63192)
Zoning Residential
Interior
Interior Features Cable/Internet Avail.
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Brick
Amenities Available Laundry Facility
Building
Story 2 Story
Foundation Slab
Water Public Water
Structure Type Brick
Schools
School District Birmingham City School District
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Bought with JEM Realty Group, Inc
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