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1505 Ford Boulevard

Lincoln Park MI 48146

0.3 ac.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

0.3 ac. lot size
Multi-Family

Happy sellers in Lincoln Park

94%
94% of sellers in Lincoln Park reported that their sale price either exceeded or met their price expectations.

Lincoln Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Lincoln Park over the last 12 months.

Local market activity for multi families in Lincoln Park

In the last 12 months, 18 multi families similar to 1505 Ford Boulevard, have been sold.

This represents a 27% increase in multi families sales when compared to the previous 12 months.

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