Randy LaPrezeBig Rapids Realty, REALTOR®

231-349-1395

1505 Ford Boulevard, Lincoln Park, MI 48146

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$424,900
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Lincoln Park
  • County Wayne
  • Township Lincoln Park City
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Slab
  • Garage  
  • Acreage 0.3
  • Heat Type Forced Air
  • Central Air Wall Unit(s)
  • Year Built 1969
  • Style  
  • Exterior  
  • Taxes 5764.86
  • SEV 117500
  • Zoning  
  • Parcel 45-021-01-0046-002
  • Lot Size 49x129

Features

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.

Directions 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.
Listing Courtesy of Benjamin Cockrum - Preferred, Realtors Ltd

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