1513 MARION Avenue, Lincoln Park, MI 48146 (MLS # 20240031376)
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Calling all landlords, investors, and sweat equity do it yourselfers! This multi family unit has a total of five bedrooms, two bathrooms, and a basement. The lower unit has 2 beds, 1 bath, and the upper has 3 beds, 1 bath, and its own kitchen and dining room. The upper unit also has its own private entrance through the backyard. Each unit has its own gas meter. Projected monthly cash flow for upper unit is between $1,300-$1,400. Projected monthly cash flow for the lower unit is between $1,100-$1,200. It needs some love, but it has HUGE POTENTIAL. Situated on a very quiet street just a few blocks away from the heart of downtown Lincoln Park, this fixer-upper has huge cash flow and equity potential, so don't miss out on this rare opportunity! Property to be sold as is and buyer to assume all municipal exterior repairs. (See listing ticket for city repair list) BATVAI!
| TRACT | MARION MANOR SUB | YEAR BUILT | 1928 |
|---|---|---|---|
| COMMUNITY | Lincoln Park | COUNTY | Wayne |
| STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
| School District | Lincoln Park |
|---|
| ADDITIONAL DETAILS | |
| AREA | Lincoln Park |
|---|---|
| BASEMENT | Yes |
| BUYER'S BROKERAGE COMPENSATION | 3% |
| HEAT | Forced Air |
| LOT | 3920 sq ft |
| STYLE | Duplex |
| SUBDIVISION | MARION MANOR SUB |
| TAXES | 1624 |
| ZONING | Multi-Family |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listing provided courtesy of: ; Keller Williams Legacy
IDX provided courtesy of Realcomp II Ltd. via Saint Jude Realty and MLS Copyright 2024 Realcomp II Ltd. Shareholders
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The data relating to real estate properties on this website was last updated as recently as 5/20/24 4:03 AM PDT.
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