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1205 Garfield Avenue

Lincoln Park, MI 48146
  • $899,800
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: 20240000947
UPDATED: 129 min ago
$899,800
  • 0
    BEDS
  • 0.24
    ACRES
  • 100
    BATHS
  • 0
    1/2 BATHS
  • 9,280
    SQFT
  • $97
    $/SQFT
Neighborhood:
Type:
Multi-Family
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 Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE 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: 2024-03-05T03:36:07.497.
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1205 Garfield Avenue Lincoln Park, MI 48146

  • Price: $899,800
  • Status: Active
  • On Site: 59 Days
  • Updated: 129 min ago
  • ID#: 20240000947
0
Beds
100
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 Architecture Style Upper/Lower Apartment Construction Materials Brick Exterior Features LightingFenced Foundation Details Basement Foundation Materials Block Garage YN Yes Lot Size Dimensions 70 x 108 Multifamily Parking GaragesOn Street Parking Total 10 Pool YN No Road Frontage Feet 70 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type UnfinishedCommon Basement YN Yes Baths Total 100.00 Fireplace YN No Heating Baseboard Heating Fuel Natural Gas Interior Features Smoke Alarm100 Amp ServiceLaundry Facility Laundry Facilities YN Yes Living Area Source Public Records Sq Ft Combined 9280 Sq Ft Total Basement 1000 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 CommonNatural Gas

Property Features

Assessment 0.00 Existing Lease YN Yes Gross Scheduled Income 108000.00 Homestead YN No Income Projection Projected Inventory List YN No Land Contract YN No Listing Financing CashConventional Monthly Rental Income 9000 Net Operating Income 84200.00 Number Of Units Leased 10 Operating Expense 23800.00 Ownership Status Corporate/RelocationShort Sale - No Percent Homestead Exempt YN No Pets Allowed Call Postal City Lincoln Park Protection Period 180 Rent Includes HeatWater/SewerSnow RemovalTrash Collection (Garbage Pickup)WaterYard Maintenance 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 Transaction Type Sale Unit Loft Number Of 0 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 Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE 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: 2024-03-05T03:36:07.497.
 
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