Lincoln Park, MI 48146 3557,1673-1665 PAGEL Avenue
Lincoln Park, MI 48146 3557,1673-1665 PAGEL Avenue
Lincoln Park, MI 48146 3557,1673-1665 PAGEL Avenue
24
$410,000
$419,900
2.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8 BA
4,600 SqFt

1673-1665 PAGEL Avenue Lincoln Park, MI 48146 3557

Est. payment /mo
SOLD DATE : 02/24/2022

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $410,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,600 sqft

Price per Sqft $89

Subdivision Mi

MLS Listing ID 40174359

Sold Date 02/24/22

Style 2 Story

Full Baths 8

Year Built 1936

Annual Tax Amount $7,275

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 120.00X108.00

Property Description

Well maintained two apartment buildings! 8 units total (5 & 3). Fully occupied and licensed with the city. Two separate buildings, produces good and steady income. 7 one bedroom and 1 two bedroom. Currently at around 10% CAP Rate. Under market rates gives new owner an opportunity to raise them for better returns. Lincoln Park is centrally located in Downriver community, has lots of parks and recreational activities. Detroit River is just a short drive away allows for boating and fishing. Tenants are not aware of sale. Please do not approach or talk to tenants.

Location

State MI

County Wayne

Area Lincoln Park (82143)

Zoning Multi-Family

Rooms

Basement Block, Common

Interior

Interior Features Cable/Internet Avail., DSL Available

Heating Baseboard, Forced Air

Cooling Window Unit(s)

Exterior

Amenities Available Laundry Facility

Building

Story 2 Story

Foundation Basement

Water Public Water

Schools

School District Lincoln Park Public Schools

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

Read Less


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by EXP Realty LLC
Bought with LPS

GET MORE INFORMATION

agent

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.