1505 Ford Blvd, Lincoln Park, MI 48146

$424,900

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List Price
$424,900
MLS#
81024008731
Status
PENDING

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.

Additional Information

Year Built
1969
Acres
0.30
Acres
0.30
School District
Lincoln Park
Cooling
Window/Wall
Heating
Forced Air, Natural Gas
Garage Description
Paved

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Calculator source: Real Geeks

Courtesy of Preferred, Realtors Ltd 7344596000