957 Park Avenue, Lincoln Park, MI 48146
Local realty services provided by:CENTURY 21 Affiliated
957 Park Avenue,Lincolnpark, MI 48146
$225,000
- - Beds
- 4 Baths
- 1,845 sq. ft.
- Multi-family
- Active
Listed by: scott t atkinson
Office: concept realty
MLS#:20261047655
Source:MI_REALCOMP
Price summary
- Price:$225,000
- Price per sq. ft.:$121.95
About this home
Exceptional investment opportunity featuring a fully occupied 4-unit multifamily property with an impressive 11.6% cap rate. Each of the four units offers a comfortable 1-bedroom, 1-bathroom layout, appealing to a broad range of tenants and helping maintain consistent occupancy. The property is currently occupied by long-term, reliable tenants, providing immediate and stable cash flow for the next owner. Situated in a convenient location with easy access to shopping, dining, transportation, and everyday amenities, this property offers both tenant appeal and investment security. The low-maintenance unit layouts and established rental history make this an ideal addition to an experienced investor’s portfolio or an excellent opportunity for those looking to enter the multifamily market.
With strong income potential, dependable occupancy, and a proven track record of performance, this turnkey investment property presents an opportunity to acquire a cash-flowing asset from day one. Whether you're seeking portfolio growth, passive income, or a high-yield investment, this fully occupied four-unit property is one you won't want to miss....
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Home facts
- Year built:1924
- Listing ID #:20261047655
- Added:7 day(s) ago
- Updated:July 03, 2026 at 11:50 AM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Basement Description:Unfinished
- Living area:1,845 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1924
- Building area:1,845 sq. ft.
- Lot area:0.19 Acres
- Construction Materials:Aluminum Siding
- Foundation Description:Basement, Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$121.95
- Tax amount:$2,839
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