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1205 Garfield Avenue

Lincoln Park, MI 48146
  • $899,800
  • STATUS: Active
  • ON SITE: 53 Days
  • ID#: 20240001663
UPDATED: 70 min ago
$899,800
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,280
    SQFT
  • $97
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1929
County:
Area:
Zoning:
Commercial,Multi-Family,Residential
Lot Size Dimensions:
70 x 108

School Ratings & Info

School District:

Description

10 unit income property located in the popular downtown district of Lincoln Park, one bedroom one bath units, 100% occupied, some units have been newly renovated, ample parking available, cash flow positive with room to make more, great curb appeal, close to Lincoln Park Library, Police Station, Lincoln Park High School, restaurants, shopping & schools, do not disturb tenants, great investment opportunity, all data apx.

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IDX provided courtesy of Realcomp II Ltd. via Elite Home Advisors | Keller Williams Platinum and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Elite Home Advisors | Keller Williams Platinum are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-03T12:58:20.967.
www.mihomepropertysearch.com/homes/146500317
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1205 Garfield Avenue Lincoln Park, MI 48146

  • Price: $899,800
  • Status: Active
  • On Site: 53 Days
  • Updated: 70 min ago
  • ID#: 20240001663
0
Beds
0
Baths
0
½ Baths
0.24
Acres
9,280
SQFT
$97
$/SQFT
1929
Built
Neighborhood:
Main Fort St Sub No 1
County:
Wayne
Area:
Lincoln Park
School District:
LINCOLN PARK
Property Description
10 unit income property located in the popular downtown district of Lincoln Park, one bedroom one bath units, 100% occupied, some units have been newly renovated, ample parking available, cash flow positive with room to make more, great curb appeal, close to Lincoln Park Library, Police Station, Lincoln Park High School, restaurants, shopping & schools, do not disturb tenants, great investment opportunity, all data apx.
Exterior Features

Architecture Level 2 Story Commercial Exterior Features Outside Lighting Construction Materials Brick Foundation Details Basement Foundation Materials Block Lot Size Dimensions 70 x 108 Road Frontage Feet 70 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Building Area Source Public Records Commercial Utilities Smoke AlarmCircuit Breakers Heating Cooling Baseboard Heating Fuel Natural Gas Sq Ft Main 9280 Sq Ft Office 9280 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 10 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0 Water Heater Fuel Natural Gas

Property Features

Assessment 0.00 Buildings List Garage Commercial Type ApartmentsReal Estate Only Existing Lease YN Yes Gross Scheduled Income 108000.00 Inventory Included YN No Inventory List YN No Land Contract YN No Listing Financing CashConventional Net Operating Income 84200.00 Operating Expense 23800.00 Ownership Status Corporate/RelocationShort Sale - No Percent Leased 100 Possession Subject To Tenant Rights Postal City Lincoln Park Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 10990.0000 Tax Amount Winter 1814.0000 Title Corporate/Relocation Total Tax 12804.0000 Unparsed Address 1205 GARFIELD Avenue Water Source Public (Municipal) Zoning CommercialMulti-FamilyResidential

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Century 21 Curran & Oberski: (313) 274-7200 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Elite Home Advisors | Keller Williams Platinum and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Elite Home Advisors | Keller Williams Platinum are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-03T12:58:20.967.
 
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