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$215,000
41 Days On Site

957 Park Avenue
Lincoln Park City, MI 48146

For Sale|Multi Family|Active
4
Beds
4
Total Baths
4
Full Baths
1,845
SqFt
$117
/SqFt
1924
Built
Subdivision:
SUBURBAN PARK SUB
County:
Wayne
Call Now: 810-360-3488
Is this the listing for you? We can help make it yours.
810-360-3488
957 Park Avenue957 Park Avenue957 Park Avenue957 Park Avenue
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Monthly Payment (Est.)

$981
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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.

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Listing Snapshot
Price 
$215,000
Days On Site 
41 Days
Bedrooms 
4
Inside Area (SqFt) 
1,845 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.19 Acres
Year Built 
1924
MLS® Number 
20261047655
Status 
Active
Property Tax 
$2,839
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoPrice changed to $215,000
4 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.19
Cross Street 
FORT & SOUTHFIELD
Disclosures 
Actual Income, Taxes Not Homestead Exempt
Foundation 
Block
Levels 
One and One Half
Pets 
Call
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1845
Style 
Other
Water Source 
Public
Zoning 
Residential
Interior Features
Appliances 
Gas Water Heater
Basement 
Unfinished
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Aluminum Siding
Pool Features 
None
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area05143LincolnPark
Roads 
Paved
School District 
LincolnPark
Schools
School District
LincolnPark
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Concept Realty: [email protected]



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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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