957 Park Ave, Lincoln Park, MI 48146

$215,000
4
BA
1,845
SqFt

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List Price
$215,000
MLS#
20261047655
Status
ACTIVE
Bathrooms
4
Subdivision
SUBURBAN PARK SUB

Property 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.

Additional Information

Year Built
1924
Basement Type
Unfinished
Acres
0.19
Style
Other
Acres
0.19
School District
Lincoln Park
Heating
Forced Air, Natural Gas

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Courtesy of Concept Realty 3137216621