957 Park Avenue, Lincoln Park, MI 48146 2662
957 Park Avenue, Lincoln Park, MI 48146 2662
957 Park Avenue, Lincoln Park, MI 48146 2662
957 Park Avenue, Lincoln Park, MI 48146 2662
957 Park Avenue, Lincoln Park, MI 48146 2662
957 Park Avenue, Lincoln Park, MI 48146 2662
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 215,000
Est. payment | /mo

4 Baths

1,845 SqFt

Save
$ 215,000
Est. payment | /mo
Save

4 Baths

1,845 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,845 sqft

Price per Sqft $116

Subdivision Mi

MLS Listing ID 61005833

Style 1 1/2 Story

Full Baths 4

Year Built 1924

Annual Tax Amount $2,839

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 75X108

Property Sub-Type Multi-Family

Property Description

Exceptional investment opportunity featuring a fully occupied 4-unit multifamily property with an impressive 12.7% cap rate. Each of the four units offers a comfortable 1-bedroom, 1-bathroom layout, appealing to a broad range of tenants and helping maintain consistent occupancy. The property is currently occupied by long-term, reliable tenants, providing immediate and stable cash flow for the next owner. Situated in a convenient location with easy access to shopping, dining, transportation, and everyday amenities, this property offers both tenant appeal and investment security. The low-maintenance unit layouts and established rental history make this an ideal addition to an experienced investor's portfolio or an excellent opportunity for those looking to enter the multifamily market. With strong income potential, dependable occupancy, and a proven track record of performance, this turnkey investment property presents an opportunity to acquire a cash-flowing asset from day one. Whether you're seeking portfolio growth, passive income, or a high-yield investment, this fully occupied four-unit property is one you won't want to miss.

Location

State MI

County Wayne

Area Lincoln Park (82143)

Zoning Residential

Rooms

Basement Block

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Aluminum

Building

Story 1 1/2 Story

Foundation Basement

Water Public Water

Structure Type Aluminum

Schools

School District Lincoln Park Public Schools

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Concept Realty

Schools and Properties Nearby

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Shannon Bagdonas
Shannon Bagdonas

Team Lead / Broker Partner

+1(313) 766-8387

movinginmichigan.net

6838 Park Ave, Allen Park, MI 48101-2036, USA

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957 Park Avenue