1505 Ford BoulevardLincoln Park, MI 48146
$424,900
Listing courtesy of Preferred, Realtors Ltd
8
Beds
About
This Home
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.
Details
- Property Type
- Residential Income
- Style
- Multi Family
- Year Built
- 1969
- Lot Size
- 0.3 acres
- Heating
- Forced Air, Natural Gas
- Cooling
- Wall Unit(s)
- Annual Taxes
- $5,765
- MLS #
- 81024008731
About Lincoln Park
A Downriver city with tidy brick bungalows and some of the most affordable homes in the area.
Gallery
Listing courtesy of Preferred, Realtors Ltd. MLS # 81024008731. Information is deemed reliable but not guaranteed and should be independently verified.
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