Listed price in listed location currency (USD).
$235,000

040

MLS® 20261047655

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1845 sqft
Garage 
Taxes $2,839
Days Active 3
Lot Size 0.19 Acres
Approx. Age 1924
Avg. Price Per Sqft $127
MLS® Number 20261047655

Property Address: 957 Park Ave, Lincoln Park, MI, 48146-2662

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity featuring a fully occupied 4-unit multifamily property with an impressive 11.6% 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.
MLS® Number20261047655
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1924
BasementUnfinished
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 23, 2026List Date
$235,000List Price
  • Commute

Commute

Starting Address
Destination Address
957 Park Ave, Lincoln Park, MI

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