REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Scott Hutchison

scott@web-homes.net +1(616) 291-0440

$ 215,000

Est. payment | -/mo

4 Baths

8,276 Sqft Lot

Save

$ 215,000

Est. payment | -/mo

Save

4 Baths

8,276 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Lincoln Park City

Subdivision Lincoln Park City

MLS Listing ID 20261047655

Year Built 1924

Annual Tax Amount $2,839

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 75X108

Source Realcomp

Property Description

Exceptional investment opportunity featuring a fully occupied 4-unit multifamily property with an impressive 12.7% cap rate. Each of the four units offers a comfortable 1-bedroom, 1-bathroom layout, appealing to a broad range of tenants and helping maintain consistent occupancy. The property is currently occupied by long-term, reliable tenants, providing immediate and stable cash flow for the next owner. Situated in a convenient location with easy access to shopping, dining, transportation, and everyday amenities, this property offers both tenant appeal and investment security. The low-maintenance unit layouts and established rental history make this an ideal addition to an experienced investor's portfolio or an excellent opportunity for those looking to enter the multifamily market.With strong income potential, dependable occupancy, and a proven track record of performance, this turnkey investment property presents an opportunity to acquire a cash-flowing asset from day one. Whether you're seeking portfolio growth, passive income, or a high-yield investment, this fully occupied four-unit property is one you won't want to miss.

Location

State MI

County Wayne

Zoning Residential

Direction SOUTH OF SOUTHFIELD EAST OF FORT

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Water Public

Structure Type Aluminum Siding

Schools

School District Lincoln Park

Others

Tax ID 45008030223000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Concept Realty

NEARBY SCHOOLS & PROPERTIES

“Part of my Job as Your Real Estate Expert is to protect you from the incompetency that runs rampet in our industry”

+1(616) 291-0440

scott@web-homes.net

8 N. Bridge Street Suite 104B, Rockford, MI, 49341, United States

957 Park Avenue Lincoln Park, MI 48146

Scott Hutchison

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Go tour this home

957 Park Avenue