Homes for sale - 1505 Ford Boulevard, Lincoln Park, MI 48146

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Neil Hackler

[email protected] +1(773) 677-3479

$ 424,900

Est. payment -/mo

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Pending

1505 Ford Boulevard Lincoln Park, MI 48146

0.3 Acres Lot

UPDATED:

05/21/2024 01:44 PM

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Pending

Purchase Type For Sale

Municipality Lincoln Park City

MLS Listing ID 24008731

Originating Board Michigan Regional Information Center (MichRIC)

Year Built 1969

Annual Tax Amount $5,764

Tax Year 2023

Lot Size 0.303 Acres

Acres 0.3

Lot Dimensions 49x129

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

Direction Fort St to Ford Blvd, W on Ford, Property is located on the Southwest corner of Ford and Lafayette. Lafayette dead ends at Ford and becomes the parking lot for the complex.

Rooms

Basement Slab

Interior

Heating Forced Air

Cooling Wall Unit(s)

Fireplaces Number 1

Laundry In Unit, Laundry Room, Main Level

Exterior

Parking Features Paved

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

View Y/N No

Roof Type Other

Street Surface Paved

Total Parking Spaces 9

Building

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Lincoln Park

Others

Tax ID 45-021-01-0046-002

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Preferred, Realtors Ltd

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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