
$1,399,000 USD
Commercial for Sale, 1470 Paris Avenue, Lincoln Park, Michigan 48146
- MLS#20261029984
697 m² (7,500 ft²)
Listed By CENTURY 21 Curran & Oberski
The Commercial Property for Sale located at 1470 Paris Avenue, Lincoln Park, Michigan 48146 is currently for sale. 1470 Paris Avenue, Lincoln Park, Michigan 48146 is listed for $1,399,000.
Property features
Property
- Property size:
697 m² (7,500 ft²)
Construction
- Year built: 1991
Description
EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE HEART OF LINCOLN PARK! THIS FULLY RENOVATED MULTI-FAMILY PROPERTY FEATURES 12 UNITS, EACH OFFERING 1 BEDROOM, 1 BATHROOM, FULL KITCHEN, AND SPACIOUS LIVING AREA. THE BUILDING HAS BEEN COMPLETELY UPDATED, PROVIDING A TURNKEY OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW WITH MINIMAL MAINTENANCE. EACH UNIT IS SEPARATELY METERED FOR UTILITIES (TENANTS PAY THEIR OWN ELECTRIC & GAS), WITH OWNER RESPONSIBLE FOR WATER ONLY, MAXIMIZING NET OPERATING INCOME. LOCATED IN A HIGH-DEMAND RENTAL AREA, THIS PROPERTY OFFERS STRONG TENANT APPEAL AND CONSISTENT OCCUPANCY POTENTIAL. PERFECT FOR BOTH NEW AND SEASONED INVESTORS LOOKING TO ADD A LOW-MAINTENANCE, INCOME-PRODUCING ASSET TO THEIR PORTFOLIO.
Location
1470 Paris Avenue, Lincoln Park, Michigan 48146