Excellent Downriver income opportunity for an investor (or couple)! This all brick 2-unit ranch style Multi is currently occupied by great long-time tenants on yearly leases. These spacious units have been well maintained by the same owner for over 20 years. Each unit offers its own laundry room (washer/dryer not included), sliding doorwall to indiv. patios, and private driveway! Also featured are new gutters & downspouts (2017), like new condition roof (tear off approx. 12 years old), vinyl windows, poured concrete driveways (2005), steel entry doors, and new garage door opener for all brick 16x20 garage. Each unit equipped with stove and refrigerator. Rental Certs with the City of Lincoln Park are up to date.
Listing courtesy of REALCOMP / Real Estate One-Southgate
Last checked:
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Last updated Apr 18, 2024
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MLS# 218082598 —
The Building
Year Built:
1962
Construction Materials:
Brick
Roof Material:
Asphalt
Architecture Style:
Other
Foundation:
Poured
Foundation Details:
Slab
# of Units Total:
2
Stories:
1 Story
SqFt Source:
PRD
Interior
Basement:
No
Total:
1,392 Sqft
Total Combined:
1,392 Sqft
Financial & Terms
Land Contract:
No
Short Sale:
No
Location
Directions:
From Fort Street Southbound - Turn Right onto Richmond Ave. Units are on the Right side of the street.
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
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Sale history
Date
Event
Source
Price
% Change
4/8/19
Apr 8, 2019
Sold
REALCOMP
$97,000
-11.7%
2/25/19
Feb 25, 2019
Pending
REALCOMP
$109,900
1/30/19
Jan 30, 2019
Relisted
REALCOMP
$109,900
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No additional history available
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Multifamily
Sold
on 4/8/2019
$97,000
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Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
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Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
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Last updated Apr 18, 2024
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