$ 364,900
-
$364,900
Price -
0
Bed -
0
Bath -
3,450
SqFt
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About the Listing 110560 - 758346
mixed-use investment opportunity in the heart of Lincoln Park is generating $49200 annual income! This well-maintained building features three residential rental units plus a storefront currently leased to a tobacco shop, providing immediate income from day one. The two upper units have been recently renovated and offer modern updates including new windows, updated kitchens and bathrooms, and split AC units. The property features a balcony adding convenience and appeal for tenants or short-term guests. Two of the units offer two bedrooms, one full bathroom, a spacious living room, dining room, and kitchen. The third unit includes one bedroom, one full bathroom, living room, dining room, and kitchen - ideal for a variety of rental options. With strong rental demand and flexible layout, the upper units have excellent potential to generate high income as short-term rentals such as Airbnb. Located in Lincoln Park, an area currently booming with new investors and redevelopment activity, this property presents a rare opportunity for both steady cash flow and long-term appreciation. Perfect for investors looking to expand their portfolio with a turnkey, income-producing property. BATVAI
Listing Highlights
Status
Active
Days on Site
15
Property Type
Commercial Sale
MLS ®
60973745
Year Built
19
Total Square Footage
3,450
Lot/Acreage
0.05
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3450
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 30x63x30x63
- Zoning: Commercial
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $6,276
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
585 Southfield Lincoln Park, MI 48146
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