1505 Ford Boulevard Pending Save Request In-Person Tour Request Virtual Tour
Lincoln Park,MI 48146
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 81024008731
Bedrooms 4
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1969
Annual Tax Amount $5,764
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 49x129
Property Description
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.
Location
State MI
County Wayne
Area Lincoln Park
Direction Fort St to Ford Blvd, W on Ford, Property is located on the Southwest corner of Ford and Lafayette. Lafayette dead ends at Ford and becomes the parking lot for the complex.
Interior
Interior Features Laundry Facility,Cable Available
Heating Forced Air
Cooling Wall Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 9.0
Pool No
Waterfront no
Roof Type Other
Road Frontage Paved
Garage no
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Brick
Schools
School District Lincoln Park
Others
Pets Allowed Yes
Tax ID 45021010046002
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional