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$262,500
30 Days On Site

4186 Drouillard Street
Lincoln Park City, MI 48146

For Sale|Multi Family|Active
3
Beds
3
Total Baths
3
Full Baths
1,200
SqFt
$219
/SqFt
1958
Built
Subdivision:
LINCOLN PARK HIGHLANDS SUB
County:
Wayne
Call Now: 810-360-3488
Is this the listing for you? We can help make it yours.
810-360-3488
4186 Drouillard Street4186 Drouillard Street4186 Drouillard Street4186 Drouillard Street
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Monthly Payment (Est.)

$1,198
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Great opportunity in the Lincoln Park neighborhood! 5 of the 6 units are currently rented and they are working on filling the 6th, 2 units newly renovated. Both buildings 4178 and 4186 Drouillard are separate tax IDs and can be purchased together or separately. The roof, furnaces, and water heaters have all been recently inspected and are in great shape! Properties with similar finishes and layouts have sold quickly in the and market rents are $850-1000 per month for prospective investors. Cap rate is around 8-9% currently and expected income once the final unit is filled will be roughly $5200/month. Walkthrough video available from agent. FHA, VA, Conventional, Hard Money, cash or all welcome for offers. No access without accepted offers.

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Listing Snapshot
Price 
$262,500
Days On Site 
30 Days
Bedrooms 
3
Inside Area (SqFt) 
1,200 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
1958
MLS® Number 
20261050386
Status 
Active
Property Tax 
$3,092
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 weeks agoPrice changed to $262,500
2 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.1
Cross Street 
N of Lincoln Pk / E of Fort
Disclosures 
Actual Income, Taxes Not Homestead Exempt
Foundation 
Slab
Levels 
One
Pets 
Call
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Above 
1200
Style 
Ranch
Utilities 
Sewer Available
Water Source 
Public
Zoning 
MultiFamily
Interior Features
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Brick
Pool Features 
None
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
Area05143LincolnPark
Roads 
Paved
School District 
LincolnPark
Schools
School District
LincolnPark
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Somerset: [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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