MLS # 20261049357 (Realcomp)

3 unit multifamily building, great investment opportunity, 100% leased out with long term tenants in place, each unit features bedroom, living room, dining area & bathroom, each unit has separate utility meters, except water which is included in rental price, room for rental increases, do not disturb tenants, all data apx.
Source: SparkMLS
This 3-bedroom, 3-bath, 1,632 sq ft home built in 1957 sits in Lincoln Park in Lincoln Park.
Listed at $269,800 (about $165/sq ft).
Annual property taxes run approximately $4,673 ($389/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
CA1 CA2 LOTS 1 AND 2 ALSO ADJ VAC ALLEY MUNICIPAL PARK SUB PC 524 L41 P71 WCR
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Bill M Darwich
Century 21 Curran & Oberski
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1432 Charter Street, Lincoln Park, MI 48146
View full property history →
Municipality
Lincoln Park
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County
Wayne County
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