1513 Marion Ave, Lincoln Park, MI 48146
- $66,000
- 2
- BA
- 1,454
- SqFt
- Sold Price
- $66,000
- List Price
- $54,999
- Closing Date
- May 21, 2024
- MLS#
- 20240031376
- Status
- CLOSED
- Bathrooms
- 2
- Subdivision
- MARION MANOR SUB
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!
Additional Information
- Year Built
- 1928
- Basement Type
- Full, Unfinished
- Acres
- 0.09
- Style
- Duplex
- Acres
- 0.09
- School District
- Lincoln Park
- Heating
- Forced Air, Natural Gas
Mortgage Calculator
Courtesy of Keller Williams Legacy 3137520000
Selling Office: Keller Williams Legacy.
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