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Street View
$270,000
Monthly Est:$1,344
-- Bed
3 Baths3 full baths
2,368sqft
1187 Park, Lincoln Park, MI 48146
$270,000
$1,344/moEst:
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Multi Family
Built in 1928
$-- HOA
-- sqft lot
$114/sq.ft
Description
Turnkey, Fully Occupied Triplex | Renovated | $24,000 Stabilized NOI
1187 Park Avenue offers investors the opportunity to acquire a fully occupied, recently renovated triplex with stabilized operations, long-term tenants, and limited near-term capital needs.
The property is configured as two 2-bedroom, 1-bathroom apartments and one 1-bedroom, 1-bathroom basement apartment, providing a practical and attractive unit mix for both investors and residents.
The property currently generates $2,025 per month in rental income, with the current rent roll offering the potential to increase to as much as $3,150 per month, creating additional upside beyond current income.
The propert...
- Houzeo last checked: 2 minutes ago
- Listing updated: September 16, 2026 at 10:01 pm
- Listing Provided by: Charlotte Tumminello (734) 756-3997 | RE/MAX Leading Edge (313) 277-7777
- Source: Realcomp MLS-MI | MLS#: 20261071896
- Originating MLS: Realcomp II Ltd
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1928
HOA Fees
-
Finished Area
2,368 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261071896
MLS Status
Active
Days on Market
10
Cumulative Days on Market
9
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 3
Interior
Heating
Forced Air, Natural Gas
Sewer
Public Sewer
Construction
Year Built
Year Built: 1928
Home type
Multi Family
Architectural Style
Colonial
Foundation Details
Basement, Block
Construction Materials
Brick
Utilities & Energy
Basement
Finished, Full
Water Source
Public
Pool Features
None
Other Features
Disclosures
No Restrictions, Projected Income, Taxes Not Homestead Exempt
Price History
| Date | Event | Price |
|---|---|---|
09/08/2026 Source: | Listed for Sale | $270,000 $145/sqft |
Nearby Homes
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Sep 18, 2026, 04:30PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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