MI > Lincoln Park
Lincoln Park, MI 48146,1505 Ford Boulevard
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Ryan French

Ryan French

+1(248) 506-0155
$424,900
Est. payment /mo
4 Beds
0.3 Acres Lot
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UPDATED:

05/21/2024 02:06 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 81024008731

Bedrooms 4

Originating Board Greater Metropolitan Association of REALTORS®

Year Built 1969

Annual Tax Amount $5,764

Lot Size 0.300 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 Lincoln Park

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.

Interior

Interior Features Laundry Facility, Cable Available

Heating Forced Air

Cooling Wall Unit(s)

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 9.0

Roof Type Other

Road Frontage Paved

Garage no

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Brick

Schools

School District Lincoln Park

Others

Pets Allowed Yes

Tax ID 45021010046002

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
©2024 Realcomp II Ltd. Shareholders
Listed by Benjamin Cockrum of Preferred, Realtors Ltd

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Ryan French

+1(248) 506-0155

Agent | License ID: 6501387571

Agent License ID: 6501387571

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1505 Ford Boulevard