Courtesy of Preferred, Realtors Ltd, Benjamin Cockrum

1505 Ford Boulevard, Lincoln Park, Michigan, 48146

$424,900
0.30 Acres
8 bd
#24008731
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.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available, Water Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Features: Paved
  • Parking Total: 9
  • Cooling on Property:
  • Cooling: Wall Unit(s)
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Brick
  • Road Surface Type: Paved
  • Laundry Features : Laundry Room, In Unit, Main Level
PROPERTY DETAILS
ID: 24008731
Status: Pending Sale
Price: $424,900
Acres: 0.30 Acres
Price Per Acre: $1,416,333
Type: Multi-family
Address: 1505 Ford Boulevard
City, State: Lincoln Park, Michigan
County: Wayne
Zip Code: 48146
Lat/Long: 42.225974, -83.184253
Presented By: Benjamin Cockrum
Phone:
Email: Click to Contact