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$424,900
Pending1505 Ford Boulevard
Lincoln Park, MI 48146
Calling all investors! Turnkey, fully occupied 4-unit complex. Each unit is 2 BD, 1 BA. Updates include furnaces, paved driveway, new siding, gutters, downspouts, outside lighting, new 6ft fence in back & updated windows throughout. Unit 2 has updated kitchen w/tenant whose lease expires 7/24. Unit 1 lease expires 10/24. Units 3 & 4 are month to month. Unit 4 tenant has been there since 2018. Unit 3 tenant has been there since 2021. Owners prepaid 2024 fertilization & pay the water bill. Each unit has separate gas & electric hook up. Current rents are below market value. Avg rent for a 2 bedroom in Lincoln Park is $1050/mo. No showings until offer is accepted. Photos are Unit 3. Unit 1 & 3 are the same; 2 & 4 are the same, flipflopped. DO NOT DISTURB THE TENANTS. Call Ben with questions.
Property Details
- Cooling
- 1
- Heating
- Forced Air
- Cooling Features
- Wall Unit(s)
- Acres
- 0.0
- Lot Size (sqft)
- 0.3
- Parking Features
- Paved
- Parking Spaces
- 9.0
- Property Type
- Multi-Family
- Basement
- 1
- Basement Description
- Slab
- Year Built
- 1969
- Roof
- Other
- Sewer Information
- Public Sewer
- Utility Features
- Natural Gas Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
- School District
- Lincoln Park
- County
- Wayne
- Region
- Lincoln Park
- Original List Price
- $424,900
- Days on Market (Cumulative)
- 1
- Taxes Annual
- $5,764
- MLS #
- 24008731
- Property Subtype
- 2 to 4 Units
- Parcel Number
- 45-021-01-0046-002
- MLS #
- 24008731
- Date Listed
- February 22, 2024
- Address
- 1505 Ford Boulevard
Location
Legal
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Last Updated: Oct 2, 2026 5:28 PM. Source: MichRIC
Listing Broker: Preferred, Realtors Ltd; Benjamin Cockrum; ben@welcomehomedetroit.com
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