Lincoln Park, MI 48146 2169,1513 MARION Avenue
Lincoln Park, MI 48146 2169,1513 MARION Avenue
Lincoln Park, MI 48146 2169,1513 MARION Avenue
19
$66,000
$54,999
20.0%
Est.Price: ?

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2 BA
1,454 SqFt

1513 MARION Avenue Lincoln Park, MI 48146 2169

Est. payment /mo
SOLD DATE : 05/21/2024

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Key Details

Sold Price $66,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,454 sqft

Price per Sqft $45

Subdivision Mi

MLS Listing ID 60306535

Sold Date 05/21/24

Style 2 Story

Full Baths 2

Year Built 1928

Annual Tax Amount $1,624

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35.00 x 115.00

Property Description

Calling all landlords, investors, and sweat equity do it yourselfers! This multi family unit has a total of five bedrooms, two bathrooms, and a basement. The lower unit has 2 beds, 1 bath, and the upper has 3 beds, 1 bath, and its own kitchen and dining room. The upper unit also has its own private entrance through the backyard. Each unit has its own gas meter. Projected monthly cash flow for upper unit is between $1,300-$1,400. Projected monthly cash flow for the lower unit is between $1,100-$1,200. It needs some love, but it has HUGE POTENTIAL. Situated on a very quiet street just a few blocks away from the heart of downtown Lincoln Park, this fixer-upper has huge cash flow and equity potential, so don't miss out on this rare opportunity! Property to be sold as is and buyer to assume all municipal exterior repairs. (See listing ticket for city repair list) BATVAI!

Location

State MI

County Wayne

Area Lincoln Park (82143)

Zoning Multi-Family

Rooms

Basement Block

Interior

Heating Forced Air

Fireplace No

Building

Story 2 Story

Foundation Basement

Water Public Water, Public Water at Street

Schools

School District Lincoln Park Public Schools

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Keller Williams Legacy
Bought with LPS

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agent

David Wietecha

Agent | License ID: 6501453131

+1(586) 722-6737

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