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Do Real Estate on the Go!
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$215,000
-- Bed
- 4 Baths
4 full baths
1,845sqft
957 Park Ave, Lincoln Park, MI 48146
$215,000
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Multi Family
Built in 1924
$-- HOA
8,276.4 sqft lot
$117/sq.ft
Description
Exceptional investment opportunity featuring a fully occupied 4-unit multifamily property with an impressive 12.7% cap rate. Each of the four units offers a comfortable 1-bedroom, 1-bathroom layout, appealing to a broad range of tenants and helping maintain consistent occupancy. The property is currently occupied by long-term, reliable tenants, providing immediate and stable cash flow for the next owner. Situated in a convenient location with easy access to shopping, dining, transportation, and everyday amenities, this property offers both tenant appeal and investment security. The low-maintenance unit layouts and established rental history make this an ideal addition to ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1924
HOA Fees
-
Finished Area
1,845 sqft
Lot Size
8,276.4 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
61005833
MLS Status
Active
Days on Market
27
Cumulative Days on Market
18
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