$225,000

957 Park Avenue, Lincoln Park, MI 48146

  • 4 baths |
  • 1,845 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $122/sqft
  • Property List Date Icon Listed 9 days ago

Property 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.

Listing Status:
Active
Date Added:
June 25, 2026
Data Last Updated:
July 5, 2026 at 6:46AM
Listing Office:
Concept Realty : 313-721-6621
Listing Agent:
Scott Atkinson : 313-721-6621
MLS ID:
61005833
  • Appliances: Gas Water Heater
  • Basement: Block
  • Heating: Forced Air
  • General: Aluminum SidingOne and One HalfBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Lincoln Park Public Schools
  • County: Wayne
  • Zoning: FC223 LOT 223 SUBURBAN PARK SUB PC 8592 L29 P46 WCR
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Scott Atkinson , Concept Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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