2361 Ferris Ave, Lincoln Park, MI 48146

Property Description

EXCELLENT LINCOLN PARK LOCATION AT THE CORNER OF FERRIS & MILL IN A VERY NICE NEIGHBORHOOD! WALK TO PARKS, SCHOOLS, LOCAL SHOPPING + RESTAURANTS + QUICK, EASY ACCESS TO FORT ST + X-WAYS FOR AN EASY COMMUTE TO WORK! ORIGINAL FAMILY OWNERS SELLING! EXCELLENT CASH FLOW POTENTIAL! RARE OPPORTUNITY TO OWN THIS UNIQUE INCOME PROPERTY W/6 TOTAL UNITS-COMPRISED OF 3 WELL MAINTAINED 1200 SQ FT BRICK RANCH DUPLEXES (TWO-1 BR APTS W/600 SQ FT EACH IN EACH BUILDING) ON A NICE SIZE CORNER LOT W/PLENTY OF CEMENT PARKING AREAS + 1 OF THE BUILDINGS HAS AN ATTACHED 10X12 STORAGE SHED! ALL 3 BLDS HAVE THE CITY OF LINCOLN PARK RENTAL CERTIFICATES OF COMPLIANCE + ALL 3 BUILDINGS HAVE THE CITY OF APPROVAL FOR RESALE TOO! DO NOT TALK TO OR BOTHER THE TENANTS! 1 UNIT CAN BE SHOWN-THE OTHER 5 WILL BE MADE ACCESSIBLE ONLY AFTER AN ACCEPTED OFFER! DO NOT ROAM AROUND THE PROPERTY OR DISTURB THE TENANTS IN ANY WAY! EACH UNIT HAS SEPARATE ELECTRIC & GAS THAT THE TENANTS PAY*EACH BUILDING HAS 1 WATER METER THAT THE OWNER PAYS*EACH UNIT HAS 1 BEDROOM, 1 BATH, LIVING ROOM, EAT-IN KITCHEN + A LAUNDRY/UTILITY ROOM-THE WASHER/DRYER IN THE UNIT BEING SHOWN STAYS W/THE SALE-ALL OTHER WASHER/DRYERS BELONG TO THE TENANTS*ALL 6 HAVE A STOVE & REFRIGERATOR THAT STAY W/THE UNIT AND ARE OWNED BY THE SELLER*ALL TENANTS ARE ON A MONTH TO MONTH RENTAL AGREEMENT-5 OF THE 6 ARE CURRENTLY RENTED*ALL 6 HAVE WALL A/C UNITS*2 PARKING SPACES FOR EACH BUILDING ON THE PROPERTY*NOTE: ACREAGE IS CORRECT .33 – LOT DIMENSIONS ARE APPROXIMATE*