1505 Ford Boulevard Pending

Lincoln Park,MI 48146

$ 424900

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 24008731

Year Built 1969

Annual Tax Amount $5,764

Tax Year 2023

Lot Size 0.303 Acres

Property Description

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.

Location

State MI

County Wayne

Area Wayne County - 100

Interior

Heating Forced Air

Cooling Wall Unit(s)

Fireplaces Number 1

Laundry In Unit,Laundry Room,Main Level

Exterior

Garage Paved

Utilities Available Water Available,Sewer Available,Natural Gas Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected

Waterfront No

View Y/N No

Roof Type Other

Building

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Lincoln Park

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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