1505 Ford BLVD Pending Save Request In-Person Tour Request Virtual Tour
Lincoln Park,MI 48146
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 81024008731
Year Built 1969
Property Sub-Type MultiFamily
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 Area05143Lincolnpark
Interior
Heating ForcedAir, NaturalGas
Cooling WallUnits
Laundry InUnit, LaundryRoom, MainLevel
Exterior
Parking Features Paved
Utilities Available CableAvailable, CableConnected, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, PhoneConnected, SewerConnected
View Y/N No
Roof Type Other
Building
Foundation Slab
Sewer PublicSewer, SewerAtStreet
Water Public, WateratStreet
Schools
School District Lincolnpark
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional