957 Park Avenue, Lincoln Park, Michigan 48146

$215,000

Property Details

MLS#: 20261047655
Bedrooms: N/A
Bathrooms: 4
Square Feet: 1,845
Price per Sqft: $117
Lot Size: 0.19 acres
Year Built: 1924
Property Type: ResidentialIncome
Status: Active
Days on Market: 25

Description

Exceptional investment opportunity featuring a fully occupied 4-unit multifamily property with an impressive 12.7% 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.

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 957 Park Avenue?

957 Park Avenue is listed at $215,000, or $117 per square foot.

How many bedrooms does 957 Park Avenue have?

This property has N/A bedrooms and 4 bathrooms, with 1,845 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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