4178 Drouillard Street, Lincoln Park, Michigan 48146

$275,000

Property Details

MLS#: 20261050375
Bedrooms: N/A
Bathrooms: 6
Square Feet: 3,600
Price per Sqft: $76
Lot Size: 0.17 acres
Year Built: 1957
Property Type: ResidentialIncome
Status: Active
Days on Market: 2

Description

Great opportunity in the Lincoln Park neighborhood! 5 of the 6 units are currently rented and they are working on filling the 6th, 2 units newly renovated. Both buildings 4178 and 4186 Drouillard are separate tax IDs and can be purchased together or separately. The roof, furnaces, and water heaters have all been recently inspected and are in great shape! Properties with similar finishes and layouts have sold quickly in the and market rents are $850-1000 per month for prospective investors. Cap rate is around 8-9% currently and expected income once the final unit is filled will be roughly $5200/month. Walkthrough video available from agent. FHA, VA, Conventional, Hard Money, cash or all welcome for offers. No access without accepted offers.

Location

This property is located in Lincoln Park, Michigan. Lincoln Park is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 4178 Drouillard Street?

4178 Drouillard Street is listed at $275,000, or $76 per square foot.

How many bedrooms does 4178 Drouillard Street have?

This property has N/A bedrooms and 6 bathrooms, with 3,600 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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