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1470 Paris Ave

Lincoln Park, MI 48146

  • $1,399,000

    Price

  • 0.59

    Acre

Listing Provided Courtesy of Ali T Charara (313) 289-2222 - Century 21 Curran & Oberski (313) 274-7200

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About the Listing 05467102 - 340600

EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE HEART OF LINCOLN PARK! THIS FULLY RENOVATED MULTI-FAMILY PROPERTY FEATURES 12 UNITS, EACH OFFERING 1 BEDROOM, 1 BATHROOM, FULL KITCHEN, AND SPACIOUS LIVING AREA. THE BUILDING HAS BEEN COMPLETELY UPDATED, PROVIDING A TURNKEY OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW WITH MINIMAL MAINTENANCE. EACH UNIT IS SEPARATELY METERED FOR UTILITIES (TENANTS PAY THEIR OWN ELECTRIC & GAS), WITH OWNER RESPONSIBLE FOR WATER ONLY, MAXIMIZING NET OPERATING INCOME. LOCATED IN A HIGH-DEMAND RENTAL AREA, THIS PROPERTY OFFERS STRONG TENANT APPEAL AND CONSISTENT OCCUPANCY POTENTIAL. PERFECT FOR BOTH NEW AND SEASONED INVESTORS LOOKING TO ADD A LOW-MAINTENANCE, INCOME-PRODUCING ASSET TO THEIR PORTFOLIO.

Listing Highlights

Status Active
Days on Site 150
Property Type Commercial Sale
MLS ® 20261029984
Year Built 1991
Lot/Acreage 0.59
County Wayne
Neighborhood Municipal Park Sub 1
Area Lincoln Park
School District Lincoln Park

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 7500
  • Basement: Slab
  • Other: Forced Air
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 266 X 126
  • Zoning: Multi-Family
  • Roof:
  • Others: Brick,Paved
  • Sewer: Sewer (Sewer-Sanitary)

Financial Details

  • Tax Amount: $14,397
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 45003100236300
  • Tax Year: N/A

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1470 Paris Ave Lincoln Park, MI 48146

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Listing Courtesy of Ali T Charara (313) 289-2222 - Century 21 Curran & Oberski (313) 274-7200

Originating MLS: Realcomp II Ltd

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1470 Paris Ave

Lincoln Park, MI 48146

$1,399,000

0 Bed | 0 Bath | 0 SqFt

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1470 Paris Ave

Lincoln Park, MI 48146

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1470 Paris Ave

Lincoln Park, MI 48146

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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