MLS # 20261011871 (Realcomp)

Excellent Lincoln Park investment property with excellent cash flow. Quick and easy access to restaurants, bus stops and Fort Street. 4 units consist of one-bedroom each with their own in-unit laundry room. Plenty of off street parking for tenants. Building has a new roof along with newly renewed certificate of occupancies with the city. Great long term tenants currently occupy all of the units. All units have a stove and refrigerator that stay with the unit. Do not disturb the tenants or roam the property without a scheduled, represented showing. One unit will be shown first and the remaining will be shown only after an accepted offer. Property sold as is. Seller to offer no concessions. City resale certification inspections are completed.
Source: SparkMLS
Located in Lincoln Park in Lincoln Park, this property offers 4-bath, with original construction dating to 1965.
Closed at $339,900.
Estimated annual property tax: $4,213, or about $351 monthly. 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
QC28 TO 31 LOT 28 AND W 1/2 ADJ VAC ALLEY ALSO LOT 29 30 AND 31 ST. JOHNS BOULEVARD SUB PC 116 L43 P31 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 Dennis Barrow
Premiere Realty Group LLC
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
4069 Lafayette Boulevard, Lincoln Park, MI 48146
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Municipality
Lincoln Park
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County
Wayne County
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