1307 University Avenue

Lincoln Park, Michigan 48146

  • 3 Bed(s)
  • 2 Bath(s)
  • 1,296 Sqft
  • 0.08
    Acre(Lot)
$149,900

Description

This property is an excellent investment opportunity, featuring 2 units, the lower unit is currently owner occupied and the duplex could be converted to a single family home. the potential gross income could yield 1600 a month or more. the property is functioning and has a new roof 2022, with a little tlc could make a great income producing asset. please note the photos displayed are original versus virtual remodel and. all the information given is to be verified by investor and representative. located within minutes of i-75, southfield freeway and downtown detroit, close to shopping, and entertainment venues. buyer to accept responsibility for the c of o.

  • Property Type

    Multifamily

  • Subdivision

    Elmwood Park Sub No 2

  • County

    Wayne

  • Style

    Bungalow

  • AD ID

    48977660

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Property Details

  • Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Room Information

    • Porches: Porch

    Interior Features

    • Roof : Composition,ENERGY STAR® Shingles
    • Basement Description: Unfinished

    Heating & Cooling

    • Cooling: Ceiling Fan(s),Central Air
    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 9999
    • Building Stories: 2 Story
    • Total Units: 2
    • Roof: Composition,ENERGY STAR® Shingles
    • Foundation/Basement: Basement
    • Architecture: Bungalow

    Exterior Features

    • Awning/Overhang(s)
    • Construction: Metal Siding,Other

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.08
    • Dimensions: 35.00 x 105.00

    Property Information

    • SQ ft: 1296
    • Subdivision: ELMWOOD PARK SUB NO 2
    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $149,900

    Listing Information

    • Possession: Close Plus 31-60 Days
    • Legal Description: BS633 LOT 633 ELMWOOD PARK NO. 2 SUB PC 524,119 L33 P49 WCR

  • Tax Information

    • Annual Tax: $1,714
    • Parcel Number: 45003080633000

    Possession

    • Close Plus 31-60 Days

    Legal Information

    • Legal Description: Section: BS633 LOT 633 ELMWOOD PARK NO. 2 SUB PC 524,119 L33 P49 WCR

  • Parking Information

    • Parking: 3
    • Has Garage: Yes

    Multi-Unit Information

    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 1

    Unit 2 Information

    • # of Bedrooms: 1

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 04/09/2025 @ 18:29

  • MLS: 624197388
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 3 bedrooms which is recently sold, it has 1,296 sqft, 0 sized lot, and Garage parking. are nearby neighborhoods.