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1682 FORT PARK Boulevard Lincoln Park, MI 48146 1745
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Key Details
Sold Price $185,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $82
Subdivision Mi
MLS Listing ID 60214221
Sold Date 06/30/23
Style 1 Story
Full Baths 3
Year Built 1938
Annual Tax Amount $2,917
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 55 x 105
Property Description
This great property presents an exceptional investment opportunity. Consisting of three individual units, each with one bedroom and one bath, this property offers both functionality and privacy. Each unit boasts a private entrance and a charming porch, providing a welcoming and personal touch for residents. The convenience of having laundry hookups in each unit ensures a comfortable living experience for tenants. Additionally, the property offers the advantage of private basements for each unit, allowing for ample storage space, while also providing shared access to an outdoor shed, catering to residents' various storage needs. Water is included, alleviating a common concern for tenants and simplifying the rental process. Furthermore, all units are currently tenant occupied, ensuring immediate rental income for potential investors. The property features several noteworthy updates, including a new roof in 2009, adding both durability and value to the investment. In 2012, new gutters were installed, further enhancing the property's maintenance and appeal. Notably, all porches, complete with steps, were renewed in 2001, offering a fresh and inviting atmosphere. This investment property holds immense potential for both seasoned investors and newcomers to the real estate market.
Location
State MI
County Wayne
Area Lincoln Park (82143)
Zoning Multi-Family
Rooms
Basement Poured
Interior
Heating Forced Air
Cooling Wall/Window A/C
Fireplace No
Exterior
Exterior Feature Brick
Amenities Available Laundry Facility, Private Entry
Building
Story 1 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Lincoln Park Public Schools
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Bought with LPS