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957 Park

Lincoln Park, MI 48146
  • $215,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 20261047655
UPDATED: 66 min ago
$215,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,845
    SQFT
  • $117
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

School District:

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.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-11T14:54:54.597.
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957 Park Lincoln Park, MI 48146

  • Price: $215,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 66 min ago
  • MLS #: 20261047655
0
Beds
4
Baths
0
½ Baths
0.19
Acres
1,845
SQFT
$117
$/SQFT
1924
Built
Neighborhood:
Suburban Park Sub
County:
Wayne
Area:
Lincoln Park (82143)
School District:
Lincoln Park Public Schools
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.
Exterior Features

Exterior Construction Aluminum Foundation Type Basement Frontage 75 Lot Size 75X108 Roads Paved Street Structure Style 1 1/2 Story Waterfront YN No

Interior Features

Basement Type Block Basement YN No Fireplace YN No Fuel Type Natural Gas Heating System Forced Air Water Heater Gas

Property Features

Financial Terms CashConventional For Sale Or Rent For Sale Lease YN Yes Municipality Lincoln Park Municipality Type City Net Operating Income 27276 Ownership Private Property Type Multi-Family SEV 92600 Subject To Short Sale Approval No Summer Tax Amount 2423 Taxable Value 39697 Total Expenses 9924 Total Tax Amount 2839 Water Public Water Winter Tax Amount 416 Zoning Residential

Listing courtesy of Concept Realty : 313-721-6621.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-11T14:54:54.597.
 
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5400 Gateway Center Ste B
Mundy Twp MI, 48507