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$275,000
-- Bed
3 Baths3 full baths
1,200sqft
4186 Drouillard St, Lincoln Park, MI 48146
$275,000
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Multi Family
Built in 1958
$-- HOA
4,356 sqft lot
$229/sq.ft
Description
Great opportunity in the Lincoln Park neighborhood! 5 of the 6 units are currently rented and they are working on filling the 6th, 2 units newly renovated. Both buildings 4178 and 4186 Drouillard are separate tax IDs and can be purchased together or separately. The roof, furnaces, and water heaters have all been recently inspected and are in great shape! Properties with similar finishes and layouts have sold quickly in the and market rents are $850-1000 per month for prospective investors. Cap rate is around 8-9% currently and expected income once the final unit is filled will be roughly $5200/month. Walkthrough video available from agent. FHA, VA, Conventional, Hard Mone...
Continue Reading- Houzeo last checked: 51 minutes ago
- Listing updated: July 10, 2026 at 11:12 am
- Listing Provided by: Joseph Hammel (248) 422-1685 DRE #6501422602 | Keller Williams Somerset (248) 649-7200
- Source: MiRealSource MLS-MI | MLS#: 61008321
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1958
HOA Fees
-
Finished Area
1,200 sqft
Lot Size
4,356 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
61008321
MLS Status
Active
Days on Market
4
Cumulative Days on Market
4
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