1470 Paris Avenue, Lincoln Park, MI 48146
1470 Paris Avenue, Lincoln Park, MI 48146
1470 Paris Avenue, Lincoln Park, MI 48146
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$1,399,000
Est. payment /mo
7,500 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $186

Municipality Lincoln Park City

Subdivision Lincoln Park City

MLS Listing ID 20261029984

Year Built 1991

Annual Tax Amount $14,397

Lot Size 0.590 Acres

Acres 0.59

Lot Dimensions 266 X 126

Source Realcomp

Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE HEART OF LINCOLN PARK!THIS FULLY RENOVATED MULTI-FAMILY PROPERTY FEATURES 12 UNITS, EACH OFFERING 1 BEDROOM, 1 BATHROOM, FULL KITCHEN, AND SPACIOUS LIVING AREA. THE BUILDING HAS BEEN COMPLETELY UPDATED, PROVIDING A TURNKEY OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW WITH MINIMAL MAINTENANCE. EACH UNIT IS SEPARATELY METERED FOR UTILITIES (TENANTS PAY THEIR OWN ELECTRIC & GAS), WITH OWNER RESPONSIBLE FOR WATER ONLY, MAXIMIZING NET OPERATING INCOME.LOCATED IN A HIGH-DEMAND RENTAL AREA, THIS PROPERTY OFFERS STRONG TENANT APPEAL AND CONSISTENT OCCUPANCY POTENTIAL. PERFECT FOR BOTH NEW AND SEASONED INVESTORS LOOKING TO ADD A LOW-MAINTENANCE, INCOME-PRODUCING ASSET TO THEIR PORTFOLIO.

Location

State MI

County Wayne

Zoning Multi-Family

Direction NORTH OF SOUTHFIELD FWY / WEST OF FORT ST

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Foundation Slab

Water Public

Structure Type Brick

Schools

School District Lincoln Park

Others

Tax ID 45003100236300

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Listed by Century 21 Curran & Oberski

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker License ID: 6502389085

Broker License ID: 6502389085

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