1505 Ford Boulevard
Lincoln Park, MI 48146
0.30 acres | #24008731
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.
Property Details
- Acres0.3
Construction Details
- Property TypeInvestment
- BasementSlab
Condition
- Year Built1969
Utilities / Energy Details
- Utility FeaturesPublic Water Available, Public Sewer Available, Natural Gas Available, Cable Available, Phone Connected, Natural Gas Connected,
- Sewer InformationPublic Sewer
Community and Neighborhood Details
- School DistrictLincoln Park
- CountyWayne
Financial Details
- Original List Price$424,900
- Buying Agency Compensation3.00
- Days on Market (Cumulative)122
Other
- MLS #24008731
Location
Legal
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Last Updated: . Source: MichRIC
Listing Courtesy
Listing Agent: Benjamin Cockrum (#e402850)
Listing Office: Preferred, Realtors Ltd (#oe251319)
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