1470 Paris Avenue, Lincoln Park, MI 48146
- $1,399,000
- List Price
- $1,399,000
- Days on Market
- 93
- MLS#
- 20261029984
- Status
- ACTIVE
- Type
- Commercial
Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE HEART OF LINCOLN PARK!THIS FULLY RENOVATED MULTI-FAMILY PROPERTY FEATURES 12 UNITS, EACH OFFERING 1 BEDROOM, 1 BATHROOM, FULL KITCHEN, AND SPACIOUS LIVING AREA. THE BUILDING HAS BEEN COMPLETELY UPDATED, PROVIDING A TURNKEY OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW WITH MINIMAL MAINTENANCE. EACH UNIT IS SEPARATELY METERED FOR UTILITIES (TENANTS PAY THEIR OWN ELECTRIC & GAS), WITH OWNER RESPONSIBLE FOR WATER ONLY, MAXIMIZING NET OPERATING INCOME.LOCATED IN A HIGH-DEMAND RENTAL AREA, THIS PROPERTY OFFERS STRONG TENANT APPEAL AND CONSISTENT OCCUPANCY POTENTIAL. PERFECT FOR BOTH NEW AND SEASONED INVESTORS LOOKING TO ADD A LOW-MAINTENANCE, INCOME-PRODUCING ASSET TO THEIR PORTFOLIO.
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Additional Information
- Taxes
- $14,397
- Acres
- 0.59
- Heating
- Forced Air
- School District
- Lincoln Park
- Water
- Public
Mortgage Calculator
Listing courtesy of Listing Agent: Ali T Charara from Listing Office: Century 21 Curran & Oberski.
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