1505 Ford Boulevard
$424,900
Description
1505 Ford Boulevard,
Lincoln Park,
MI
48146
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.
This is an Pending listing.
Broker Office Phone Number: 734-459-6000
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Amenities
- Wall or Window Air Conditioner(s)
Listing By: Preferred, Realtors Ltd via Data Source: Michigan Regional Information Center, LLC.
Multi Family
Property type
Price History
| date | price | variance | type |
|---|
| 5/22/2024 | $424,900 | - | Contract |
listing agent: Benjamin Cockrum
