1505 Ford Boulevard Pending Save Request In-Person Tour Request Virtual Tour
Lincoln Park,MI 48146
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Pending
Purchase Type For Sale
Municipality Lincoln Park City
MLS Listing ID 24008731
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1969
Annual Tax Amount $5,764
Tax Year 2023
Lot Size 0.303 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 Wayne County - 100
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.
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Wall Unit(s)
Fireplaces Number 1
Laundry In Unit,Laundry Room,Main Level
Exterior
Garage Paved
Utilities Available Water Available,Sewer Available,Natural Gas Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected
Waterfront No
View Y/N No
Roof Type Other
Street Surface Paved
Parking Type Paved
Total Parking Spaces 9
Building
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Lincoln Park
Others
Tax ID 45-021-01-0046-002
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional